A popular eastern suburbs night spot has changed hands following a strong leasehold sale.
Colliers International’s Pat Connolly has facilitated the leasehold sale of the Orange Whip nightclub at 115-119 Maroondah Highway in Ringwood for $500,000 (plus stock at valuation).
“Known as the premier nightclub in Melbourne’s eastern suburbs, Orange Whip has built a fiercely loyal clientele and a strong reputation in its industry,” Mr Connolly said.
The venue features three separate rooms over two levels. There is a main dance floor with dedicated stage and screen upon entry, an open-air courtyard area with an adjacent dance room on the mezzanine floor and a private dance room suited to use as a function space.
The venue has a late licence, until 5am, and 600-plus person capacity.
“Orange Whip is a really impressive suburban nightclub – it sports a very recent fit out, along with a full complement of state-of-the-art sound and lighting equipment,” Mr Connolly said.
“Located on Ringwood’s main street, the club caters predominantly to the 18-25 year old market. In addition to its regular Friday and Saturday night trade offering premier DJs and live acts, the club also caters for private functions and limited underage events during school holidays.”
Buyer Gretch Suratman said: “I’ve been a very big fan of Orange Whip for a long time now and I’m absolutely thrilled to be taking it over."“I will endeavour to build on its already fantastic name and our plans are entirely directed toward delivering the best night clubbing experience for patrons in the suburbs, who can expect to see regular big-name acts, extremely competitive drink pricing and some absolutely cracking nights, week in week out.”