"Thank you to you, our community for the years of support and love. We can't wait to enter this new chapter with you and see what magic will unfold."
Sydney's Giant Dwarf Theatre is set to relocate following a substantial rent increase.
The theatre, which is located at 199 Cleveland Street in Redfern, was founded by The Chaser's Nikita Agzarian and Julian Morrow in 2014 with funding from The Chaser's TV production company.
They have now shared that the theatre has been forced to move after the landlord planned on a 35% rent increase. The owners have shared that rent had increased 40% during their tenancy.
"Trying to run a venue that supports emerging creatives but offers audiences great variety and accessible pricing ... in Sydney ... is possibly the most hilariously misguided thing ever associated with The Chaser, which is saying something," said Morrow.
"It’s a shame because we love the venue,” said Agzarian. “It’s got a really special feel and we’re very proud of transforming it from a vacant, rat-infested hall into a beautifully-refurbished theatre with a vibrant program and fewer rats."
"Thank you to you, our community for the years of support and love," said the owner's in a statement on social media.
"We can't wait to enter this new chapter with you and see what magic will unfold."
Agzarian and Morrow have assured that this is not the end for the theatre company, with a new location to be announced shortly.
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In its six year run, the venue has seen acts performances from acts like Tim Minchin, Wil Anderson, Sarah Blasko, Gen Fricker, Clare Bowditch, Tim Rogers, Paul Dempsey, Kasey Chambers and more.
Giant Dwarf have arranged a farewell show for 7 March, featuring acts including Becky Lucas, Ben Law, Cam James, Ben Jenkins, Alex Lee, Nakkiah Lui, Carlo Ritchie, Montaigne, Freudian Nip and Kate Mulvany.
Tickets are on sale now, head to theGuide for all the info.