This is the type of place that should be written up in Lonely Planet because it is probably the most budget friendly place in the city to get a drink. Every night of the week you can get a $3 alchoholic beverage - my favourite is Saturday night for some Tequila shots! Or if you choose to have a different shot to the one advertised for $3 - it is only $4.75.
This is the perfect place to begin a night of debauchery. I couldn't really see myself staying an entire night. Mostly because they don't have a dance space yet have some pretty good music...but if you're not much of dancer this may be just what you're looking for. It technically is a 'lounge' but a I would say it is more of a local student watering hole and the majority of the crowd looks under 25. However, I still recommend it to any age group because who doesn't like an affordable drink?