This is The Yellow House, 57-59 Macleay St, Potts Point. The artist, Martin Sharp established an artist collective here in 1970. He modelled it on Vincent Van Gogh's yellow house in Arles and his dream of establishing an artist community there.
Every wall, ceiling and floor in the Yellow House became it's gallery and performance space. The rooms were inspired by Pop art, Surrealism, Dada and conceptualism. Besides the drawing, painting and sculpture there were puppet shows, lights shows, plays and film screenings.
Today there is a gallery, restaurants and apartments upstairs. Peter Godwin is currently exhibiting here.