The 7.30pm event began on a light-hearted note as Classy Brass St Kilda Brass performers turned the multi-step process of bringing their instruments on stage into something of a comedy routine.
Concert co-ordinator and director Gladys Hope said the concert had featured top-class performances by many of the city's leading singers, dancers and musicians.
She had been closely involved with the Mayfair for more than 40 years, and it still played a vital role in the city's cultural life.
She also emphasised the theatre needed to be strongly supported and could not be taken for granted if it was to enjoy a bright future as a key performance venue, and as a ''beautiful old building''.
More than 160 people had attended the show, the audience had responded positively, and there had been a ''fantastic'' atmosphere during the concert, she said.
The wide range of offerings included performances by mezzo-soprano Clare Barton, as well as by talented young pianist Modi Deng and leading singers James Adams and Greg McLeod.
Mayfair Theatre manager Bruce Collier said the concert, in association with the Mayfair Theatre Charitable Trust, had raised more than $1000 for the planned redevelopment of the theatre.
A fundraising campaign would be launched early next year to raise about $3 million to undertake much-needed improvements, including earthquake strengthening, Mr Collier said.
