World War II
Garnet H. Carroll took over ownership of the Princess in the 1940’s, and from 1942 to 1947, ran it exclusively as a cinema, due to the scarcities of World War II. After reverting back to live theatre, the Princess staged Gilbert and Sullivan operettas, dramas, comedies, and the new ‘musical theatre’ productions. During the golden age of Melbourne theatre in the 1950s and 60s, the Princess hosted Australian premieres including West Side Story, The King and I, and Carousel.
In 1973, the Princess Theatre was listed by the National Trust, although by the 1980’s the theatre had once again slipped into disrepair and could no longer stage modern shows. In 1986, David Marriner purchased the Princess Theatre and set about planning its total refurbishment, ensuring its future viability as a live theatre.
A complete historical study was carried out, which recommended the reinstatement of the 1922 design, as most 1886 elements had disappeared through regular renovation. Samples of original light fittings were found and replicated, and almost 2,000 paint samples were microscopically analysed to ensure an accurate reproduction.