Landmark Stockade Building in Perth CBD Hits the Market
The iconic two-storey Stockade Building in the heart of the Perth CBD is set for its next chapter, with the landmark site at 145 Barrack Street officially hitting the market.
04 July 2025
Forming part of the Barrack Street streetscape since the 1890s, the Stockade Building is best known for its recent use as a clothing and hat outfitter of the same name. However, it is formally known as the Trouchettes Building, named after Alexander Trouchet, a chemist who operated a pharmacy on the site between 1915 and 1949.
Today, the property’s position at the junction of key city precincts highlights its growing relevance as a site of future opportunity.
With a base plot ratio of 5:1 and potential for further bonuses (STCA), the 536sq m site comprising of the Stockade Building and adjacent land is well suited to hotel, office, student accommodation or mixed-use redevelopment.
It sits at the intersection of Barrack and Wellington Streets, with dual frontages and rear laneway access.
The property is located just 150 metres from Perth Train Station and a short walk from the new ECU City Campus.
145 Barrack Street is being offered to market via Knight Frank agents Zach Schreier and Tony Delich.
“This is a landmark site that’s long overdue for a new chapter,” said Mr Schreier. “It’s positioned on one of the CBD’s most prominent intersections and has the scale, zoning and foot traffic to support a meaningful development outcome.”
Mr Delich said the site’s long-standing development potential had already been acknowledged by the City.
“There’s a history of approvals on this site — including hotel and commercial schemes up to 10 storeys — which confirms the City’s ongoing support for substantial redevelopment,” he said.
“We expect strong interest from developers looking to capitalise on the activity driven by ECU’s relocation and the growing momentum in this end of the city.”
The property is being sold via an Offers to Purchase campaign, closing Tuesday, 12 August 2025.
