The Tivoli is a much-loved Brisbane venue located in the city’s famous Fortitude Valley. But whilst it’s a landmark for music fans in the state, the fate of the beloved venue has been hanging in the lurch for the past four years.
The Tivoli was put up for auction back in 2012, despite being what Fairfax describe as “one of Brisbane’s most successful music venues” (though with Queensland’s impending lockout laws, it’s not surprising the owners want to sell).
The venue was listed for sale back in 2013 with an asking price of $10 million, but failed to find a buyer. At the time, selling agent Leon Alaban of Ray White Hotels told Fairfax the site is not heritage listed and could be redeveloped.
“As it stands the current owner loves the venue the way it is, but to answer the question of what might happen is crystal ball stuff,” he said. “It [demolition] is a distinct possibility if someone wanted to redevelop the site.”
But Mr Alaban insisted locals love the Tivoli. “It’s not only from the people who frequent the venue but even from the people who perform there,” he said. “There are a lot of venues that have tried to compete and tried to replicate the Tivoli but it remains the premier entertainment venue.”
But it appears redevelopment could indeed be a likely future scenario for The Tivoli. Fairfax reports Colliers International has listed the site as a “prime inner city development” for potential buyers.
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“Exceptional 2160sqm development opportunity (STCA) with potential city views,” the listing reads. “Benefit from Brisbane’s booming inner city apartment market.”
However, a Colliers marketing agent confirmed to Fairfax The Tivoli’s current owners are hoping the site will continue to operate as a music venue after the sale.
The venue currently has gigs booked until September, including performances from triple Hottest 100 winners The Rubens, as well as Sarah Blasko, Sticky Fingers, and international visitor City and Colour, many of which have already sold out.
