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Pink Palace closed its South Melbourne brothel this month after more than 30 years in operation there. The double-storey building pictured, top was offered for sale in March with either vacant possession or an option allowing the sex venue to renew its lease.
It is now earmarked to be replaced with an storey mixed-use but predominantly residential complex with a rooftop pool and bar. The Elenberg Fraser designed proposal, penned for the new owners, developer Crema Group and Geomax Capital, will include offices and retail space as well as about 35 flats.
Construction over the square metre block is expected to begin next year following a campaign in November to sell the dwellings off-the-plan, according to this article by realestate.
Another suburban brothel, the Whispers Playhouse in Hoppers Crossing, also sold that month as an investment. Strip club Showgirls at 46 King Street also traded in to Lorenz Grollo, who co-owns the landmark, neighbouring Rialto office complex. In , former gay sauna Steamworks was acquired by the Coptic Orthodox Church which has since replaced the site with Eporo Tower — a level apartment building containing a house of worship at its lower levels.
A freelance property writer and experienced analyst, Marc is the co-founder of realestatesource. Skip to content. August 13, August 13, Marc Pallisco. Share Tweet LinkedIn Email.