Investors eyeing Perth’s booming CBD have a rare chance to secure a generational landmark in one of the city’s most tightly held precincts.
Tranby House at 90 King Street – a Victorian-era gem on a high-profile 918sq m corner site – is up for grabs, offering a flexible 1,800 sqm of lettable area and zoning that permits development up to 30 storeys (STCA).
But it’s the location that’s driving serious investor buzz.
Opposite the new $800 million Edith Cowan University City Campus, the property is positioned to capitalise on the huge influx of students, staff and foot traffic when the campus opens in early 2026.
“Opportunities like this are increasingly rare in the Perth CBD – especially on King Street, which is steeped in history with many luxury brands making it their shop fronts” said Brent Griffiths of Belle Property Commercial Perth.
“This is a once-in-a-generation chance to acquire a prime corner site on one of the city’s most prestigious streets, where the city has more recently evolved into a North, South precinct which King Street perfectly captures”
Built in 1906, the Victorian Free Renaissance façade hides a flexible 1,800sq m interior across three levels plus a mezzanine, featuring a licensed ground-floor bar/restaurant, first-floor boutique offices, and a top-level penthouse.
With flexible mixed-use city centre zoning, the site presents a compelling opportunity for student accommodation, hospitality, residential, retail or premium office use.
“In a location like this, the flexibility is a major advantage,” Mr Griffiths said.
Interest has already been brisk.
“RMG’s campaign has resonated – we’re seeing strong enquiry from qualified national developers,” he said.
“They’ve helped us connect with a broader pool of buyers, which is crucial in a competitive environment.”
With proximity to major landmarks including RAC Arena, Raine Square, ECU City Campus and Perth City Link – and more than 20,000 vehicles passing daily – the site is perfectly placed for a bold new chapter.
Tranby House goes to auction on-site at 11 am AWST, Wednesday 7 May 2025, unless sold prior
