The building lies on the bank of the Danube, in the Ferencváros district, between the Soroksári road, the Grand Boulevard and the Lágymányosi Bridge, and is a five-minute walk from the Csepel HÉV. The area of the theatre, along with an open air stage is 20 844 square meters, and can be functionally separated into three parts. The central part is the nearly round building of the auditorium and stage, surrounded by corridors and public areas. The second is the U-shaped industrial section around the main stage. The third section is the park that surrounds the area, containing numerous memorials commemorating the Hungarian drama and film industry.