The theatre has experienced several reported ghost sightings.

On the evening of 3 March 1888, the baritone Frederick Baker, known under the stage name "Frederick Federici", was performing the role of Mephistopheles in Gounod's opera Faust.
This production ended with Mephistopheles sinking dramatically through a trapdoor returning to the fires of hell with his prize, the unfortunate Dr Faustus.
As Federici was lowered down through the stage into this basement, he had a heart attack and died almost immediately.
 He never came back onstage to take his bows, but when the company was told of what had happened at the end of the opera, they said that he had been onstage and taken the bows with them.
Since then, various people have claimed to see a ghostly figure in evening dress at the theatre.
 For many years, a third-row seat in the dress circle was kept vacant in his honour.
The theatre has experienced several reported ghost sightings.
On the evening of 3 March 1888, the baritone Frederick Baker, known under the stage name "Frederick Federici", was performing the role of Mephistopheles in Gounod's opera Faust. This production ended with Mephistopheles sinking dramatically through a trapdoor returning to the fires of hell with his prize, the unfortunate Dr Faustus. As Federici was lowered down through the stage into this basement, he had a heart attack and died almost immediately.  He never came back onstage to take his bows, but when the company was told of what had happened at the end of the opera, they said that he had been onstage and taken the bows with them. Since then, various people have claimed to see a ghostly figure in evening dress at the theatre.  For many years, a third-row seat in the dress circle was kept vacant in his honour.
Princess Theatre (Melbourne)