Companies that traded as Craig Duffy’s Hollywood Showgirls, Basement, Secret nightclubs in liquidation
Companies that traded as one of the Gold Coast’s highest-profile strip clubs have gone into liquidation. But the well-known founder says “you’re fishing for a drama story - good luck”.
Business
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THREE companies linked to a high-profile Gold Coast strip club have gone into liquidation.
Liquidators were appointed on Wednesday to companies which had previously traded as Hollywood Showgirls, The Basement Nightclub, The Secret Nightclub and Super Stretch Limousines.
Despite the liquidations, the Surfers Paradise nightclub on party strip Orchid Avenue has been able to continue operating through two other companies.
Club founder Craig Duffy said via text message the companies in liquidation were “non trading entities with no staff at this time and unrelated to Hollywood”.
“There are no staff. Therefore there are no staff debts,” he said.
“Why would Hollywood stop trading? Fishing for a drama story. Good luck.”
He declined to comment further.
Directorship of one of the companies in liquidation, Gold Coast Hospitality Services, was transferred to Mr Duffy’s mother Coral Saunders in March 2020.
The same month, a new company directed by Mr Duffy’s son Kalvin was registered, KD Assets, which currently trades under the Hollywood Showgirls name.
Liquor licensing records reveal KD Assets took on the lease for the club on February 2 this year, the same day a mortgage was taken out over the nightclub property, which is owned by another of Mr Duffy’s companies.
The club was issued a new liquor licence on May 18 this year which is held by another company, HSM Operations - also directed and owned by Kalvin Duffy.
Property records show a Craig Duffy company purchased two properties at 19 Orchid Ave for $7.2m in 2015 and a mortgage for an undisclosed amount was lodged over the larger one by Secure Funding, a subsidiary of lender Liberty Financial, in April 2019.
A second mortgagee for that property is named in the club’s liquor licence for an undisclosed sum from February 2 this year to Wavet Fund No. 2, a company linked to Gold Coast businessman Glenn Molloy.
Another mortgage for $400,000 was registered to Perpetual Corporate over the smaller property in November 2019.
Liquidator Chris Baskerville of Jirsch Sutherland was appointed to all three of the former nightclub companies.
The Bulletin has contacted Jirsch Sutherland for further details.
Mr Duffy’s live music bar Tipsy Pig, which operates underneath Hollywood Showgirls, has also continued operating, through a company which is not in liquidation and is directed by Kalvin Duffy.
Five-star Hollywood Showgirls made headlines last year when Richmond Tigers AFL players Sydney Stack and Callum Coleman-Jones were kicked out of Queensland, suspended and fined after breaching quarantine rules and getting into a fight outside the club in September. It has been running more than 15 years.
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