<div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>The historic building which houses one of </span><a href="https://www.9news.com.au/melbourne" rel="" target="_blank" title="Melbourne's"><span>Melbourne's</span></a><span> most famous nightclubs is expected to be sold off for a cool $15 million.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>The Revolver Building on Chapel Street in Prahan is home to club "Revs", a popular music haunt that has hosted the likes of Snoop Dogg, Fatboy Slim and Fred Again over its 28-year history.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>Described in the listing as "Melbourne's most iconic and longstanding hospitality and cultural hub", the 2730sqm building has a rare 24-hour liquor licence and even has a fully-furnished apartment sitting above the dancefloor.</span></div></div><div><div id="adspot-mobile-medium"></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><strong><span>READ MORE:</span></strong><span> </span><a href="https://www.9news.com.au/national/melbourne-cbd-arrest-man-with-firearm-arrested-after-alleged-car-jackings/21ee0e69-1b4c-49ae-bb75-4904293f2769" target="_blank"><strong><span>Man appears to point gun at police during dramatic arrest in Melbourne CBD</span></strong></a></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>It is being sold because the original founder of Revolver Tan Punturaumporn is moving back to Thailand to pursue charitable and spiritual endeavours.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>Kurt Falkenstein is the building's long-time manager.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>He told 9News the new owner won't have any trouble continuing to drum up business at Revolver.</span></div></div><div><div class="OUTBRAIN" data-reactroot="" data-src="//www.9news.com.au/national/famous-melbourne-nightclub-revolver-up-for-sale/c62124b8-f0e1-424d-991a-e24cd42c3c7a" data-widget-id="AR_5"></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>"It's like a huge wonderful wooden boat that has a whole heap of drunken sailors through it every weekend and you got to patch the ship to go to sea again," he said.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>"I bet you didn't know this continuing up the stairs directly above the nightclub is this enormous loft featuring a fully functional kitchen, bedroom, and this incredible living space and this all comes with the sale."</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><strong><span>READ MORE:</span></strong><span> </span><a href="https://www.9news.com.au/national/brittany-higgins-faces-bankruptcy-action-by-former-senator-linda-reynolds/b01b9214-1249-4ddd-90e8-86ac42e2e55b" target="_blank"><strong><span>Brittany Higgins faces bankruptcy action by former boss</span></strong></a></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>There are 30 existing tenancies still on the list at the Revolver Building, including the nightclub itself, which has five years left on its lease.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>Among the other businesses are Colonel Tan's Thai Kitchen, creative studios, offices, co-working spaces, event spaces and cafes.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>"[There is] every intention they'll continue leasing the premises and running Revolver upstairs," Falkenstein said.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>The asking price at the auction on November 14 is around $15 million.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>"The facade alone on this building is probably in excess of $10 million dollars in value," Christie's International Real Estate Victoria's Sean Cussell said.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><a href="https://www.9news.com.au/national/how-to-follow-9news-digital/29855bb1-ad3d-4c38-bc25-3cb52af1216f" target="_blank"><strong><em><span>DOWNLOAD THE 9NEWS APP</span></em></strong></a><strong><em><span>: Stay across all the latest in breaking news, sport, politics and the weather via our news app and get notifications sent straight to your smartphone. 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