Belle Property Commercial Perth’s Brent Griffiths, Tom Jacob and Arlo Walker has listed Tranby House, a distinctive heritage building located at 90 King Street, for sale via public auction.

Tranby House, built in 1906, is a Victorian Free Renaissance masterpiece that blends historic charm with adaptable mixed-use potential. 

Located at the corner of King Street and Wellington Street, within the sought-after King Street Heritage Precinct, the property boasts 1,800 square metres of net lettable area spread across three levels plus a mezzanine. The ground floor is home to retail spaces and a fully licensed bar/restaurant, while the upper levels offer commercial office spaces. The building's soaring decorative ceilings, polished timber floors, and expansive windows fill the interiors with natural light, creating a sophisticated atmosphere that will appeal to creative, boutique, and professional occupiers alike.

Tranby House’s prime corner location, large landholding, and flexible zoning offer substantial redevelopment potential, up to 30 stories (subject to council approval). The property’s strategic position within Perth’s rapidly evolving CBD makes it an ideal opportunity for repurposing or redevelopment. Possible future uses include purpose-built student accommodation, high-rise residential apartments, a boutique hotel, or a premium office tower, catering to the growing demand from the nearby ECU City Campus. The combination of heritage character and modern development prospects makes Tranby House a highly sought-after investment.

Tranby House is also strategically located near key Perth landmarks such as RAC Arena, Raine Square, Kings Square, and Perth City Link, ensuring its position in the city's next phase of growth. With its strong heritage appeal, mixed-use potential, and future development opportunities, Tranby House stands as one of the most exciting offerings in Perth's CBD.

The property is directly opposite the site is ECU’s $800 million City Campus, a transformative project that will energise Perth’s CBD. The 65,000-square-metre educational precinct is expected to bring thousands of students, staff, and visitors to the area daily, injecting significant foot traffic and economic activity into the heart of the city.

Mr Griffiths said, "I'm naturally biased to Western Australia, but an asset of this scale in the heart of Melbourne or Sydney would likely be owned by institutional investors or simply never hit the market. Tranby House is a once-in-a-generation acquisition where we've allowed the public to dictate its price through a non-traditional auction campaign. My gut feeling is that it’ll be snapped up before the hammer even falls."

Mr Walker said, “Tranby House offers buyers a rare chance to secure a landmark asset deeply embedded in Western Australia’s heritage. Its versatile layout and favourable zoning present multiple redevelopment options for a range of investors.”

Mr Jacob added, “We are thrilled to bring this iconic, heritage-listed property to market at a time of transformative growth for Perth’s CBD. With ECU’s new city campus rising directly opposite, the sale of Tranby House represents a rare opportunity for buyers to secure a prime position at the heart of Perth’s future.”

Tranby House is available for sale via public auction on Wednesday, 7th May 2025, at 11 am AWST, unless sold prior.