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Clear allIn the Port & Semaphore area, the bucks venue listed is in Semaphore, at the top of The Palais Hotel on the Esplanade. It is a large function room rather than a pub corner, so it suits a big bucks crowd or a group happy to fill a room built for weddings and galas.
Things a bucks organiser should know:

Yes. The Ballroom @ The Palais Hotel in Semaphore lists bucks nights among its functions.
The Ballroom on the top level is kept for private functions, separate from the beach bar and bistro below.
Catering starts from $30 per person for waiter-served cocktail food, with drinks arranged as a package, a tab or guests buying their own.
It requires a security guard for some events, so ask when you book.