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Rare opportunity to own a Freo B&B!
Port Mill is a beautiful Essex Street Terrace currently leased and operated as beautiful Bed & Breakfast.
This colonial styled complex is constructed in limestone and iron to reflect the cultural heritage of Fremantle. This 3-storey townhouse was built within the framework of the Old Flour Mill and runs as a successful bed and breakfast (Port Mill), providing excellent returns and capital growth potential.
The Old Flour Mill is a limestone structure built in the early 1860's. The complex was extensively renovated in 1993 creating residential and commercial buildings within the complex.
Romantically resplendent of French Colonial Architecture this beautiful B&B is located in the heart of Fremantle and has wonderful street presence complimented by its classical fixtures throughout. T
The property which can be used commercially or as private residence, is accessed via the beautiful wrought iron gates and features an entrance lobby with a caretaker's room consisting of the kitchen, linen store, bedroom and private outdoor terrace, four private residence rooms with ensuites and balconies.
Port Mill is well established business with the current operator having 3 years remaining on the lease with two 5-year options, providing excellent returns.
Facts:
210sqm building over 4 levels
5 Bed, 5 Bath, 1 Car
Basement parking area
4 Residential B&B Rooms with ensuites and balconies.
Foyer & Reception area
Gorgeous common courtyard
Includes all plant and equipment
Air-conditioned throughout
Located in the heart of Fremantle
All the lifestyle and amenity is at the doorstep and the Ocean (Bathers and South Beach), the Swan River and Train Station are all a short stroll away.
As Port Mill is an operating B&B, please call Daniel-Paul Filippi 0412 991 361 or Chris Tana on 0437 158 255, to arrange a private inspection, or for more information.
Disclaimer:
This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.
Property features
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Air conditioned
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Garages
1
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Floor area
159m2
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Patio
Property snapshot by reiwa.com
This property at 3/17 Essex Street, Fremantle is a five bedroom, five bathroom house sold by Daniel-Paul Filippi at The Agency on 01 Nov 2024.
Looking to buy a similar property in the area? View other five bedroom properties for sale in Fremantle or see other recently sold properties in Fremantle.
Nearby schools
Fremantle overview
Established in 1829, Fremantle is the port city of Western Australia and is characterised by its unique landscape, heritage architecture, cafes, restaurants, stores and markets. A popular destination for both residents and visitors alike, the suburb is a mixed-use area with its five square kilometres used for residential, commercial, institutional, maritime and industrial purposes.
Life in Fremantle
Busy, energetic and always alive, Fremantle is arguably the second busiest city sector of Western Australia. Enjoy alfresco dining on the cappuccino strip, which runs through a section of South Terrace, take a stroll along the Fishing Boat Harbour and stop in for a drink and a feed at Little Creatures Brewery. Pubs, clubs, shops and markets are all in abundance in Fremantle, making it a popular destination on a night out and the suburb is also home to several popular annual festivals, which attract people from all over the metropolitan area. The Fremantle Railway Station provides convenient access into Perth City.
Fremantle quick stats
High end
$1.6m
Median
$1.3m
Low end
$1.0m
17.0 %
Annual growth
$1.3m
Annual median sales price
$800pw
Annual median rental price
