If you haven’t been or heard of The Basement then there’s obviously a bit of a problem with the live music scene. But fear not Netflix Generation because you may soon be able to head to the iconic venue and listen to some real music.

The Basement was one of Australia’s first jazz and blues clubs, welcoming artists in the past including Prince and legendary trumpet player Dizzie Gillespie.

Landsdowne Hotel owners Jake Smyth and Kenny Graham have purchased the property and will reopen the Circular Quay venue as Mary’s Underground, hopefully in May.