A historic Williamstown pub, once home to the iconic Titanic Theatre Restaurant, currently sits empty and dilapidated, just as it has done for the last two years. Cade Lucas reports on how the Titanic restaurant went under and whether a new owner can raise it from the depths. According to the real estate sign out the front, the former Titanic restaurant in Williamstown is set to go to auction at 12pm on 20 March. With capacity of more than 500 diners across two storeys, the Titanic Restaurant was like its namesake; big, extravagant and initially, very successful. The Titanic Restaurant was to become a full-fledged theatre production and dining experience, with costume-clad actors and musicians depicting the events of 10 April, 1912 while guests enjoyed upmarket cuisine.