Brisbane’s favourite venue, The Tivoli, has been added to the list of venues that have recently been listed on the property market. Owned by the Oâ€™Rourke family, the venue underwent a massive overhaul in the late 90s, emerging to be a somewhat hidden gem for the live music scene in Brisbane.
Speaking to The Music Network about it, John O’Rourke, managing director of the venue, said: “I canâ€™t see it being anything besides [a live venue], So I canâ€™t see that being changed. Iâ€™d be surprised if it was”.
The Music Network also reported that the sale will result in a domino effect that will see a break-up in the family company, and remaining assets will be distributed amongst those entitled. Continuing, O’Rouke told TMN: â€śThatâ€™s the only reason [for the sale], Itâ€™s a fantastic venue, a fantastic business.â€ť
This announcement follows that of the impending sale of Sydney’s The Basement, and several near threats of the loss of The Annandale Hotel, which was only saved by a fundraiser. Although it is not due to financial reasons, it is also somewhat worrying.
The Tivoli can hold between 700-1200 punters, and is up for auction on 12th July. Hopefully a genuine fan makes the purchase and will take it on to bigger and better things.