Melbourne's Revolver Buildings To Go Under The Hammer This Week

Last month, it was announced that Melbourne’s Revolver Buildings – home to the music venue Revolver Upstairs, affectionately known as Revs – was available for sale.

This Friday (14 November), the buildings will go under the hammer, with the auction confirmed to take place at 4:30 pm. Doors will open at 3:30 pm.

Located at 229-231 Chapel Street and 24 Macquarie Street, Prahran, the Revolver Buildings are situated in a central area of Victoria, just 25 minutes from the Melbourne CBD by car and half an hour by public transport.

The buildings are listed as multi-function spaces, offering hotel, motel, and leisure facilities, as well as offices, shops, and retail outlets. The buildings are expected to be sold for upwards of $15 million. You can find out more about the auction here.

Of course, Revolver Buildings is home to Revolver Upstairs, one of Melbourne’s most beloved and revered cultural touchstones. Artists such as Snoop Dogg, Fatboy Slim, Fred again.., The Avalanches, The Presets and many others have graced the stage at Revs.

In a statement, longtime building manager Kurt Falkenstein revealed that the venue’s vendors are seeking a new custodian who understands Revs’ cultural values, with the hope that the new custodian will nurture the creativity and connection of the space.

“The Revolver brand carries its own unmistakable cache, and preserving its cultural and community value is central to this sales process,” Falkenstein said.

“The vendors are looking for a new custodian who understands this cultural value and have chosen to auction the property to highlight its energy and status as a functional work of art.”

Falkenstein added, “Revolver Upstairs has become deeply woven into the cultural fabric of Melbourne. It stands as one of the city’s most enduring and recognisable night spots. Whether you are a local or visiting from overseas, Revs is one of those places that connects with everyone that passes through it.

“It has been incredible watching the Revolver ecosystem reach its full potential over the years. It is now a thriving nexus for music, arts, hospitality and business. And we hope it continues to foster creativity, connection and enterprise into the future.”