FOR SALE
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3/17 Essex Street
Fremantle WA 6160

Bedrooms: 5
Bathrooms: 5
Car spaces: 1
Floor area: 159m2
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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
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Property Details for 3/17 Essex St, Fremantle

3/17 Essex St, Fremantle is a 5 bedroom, 5 bathroom Terrace with 1 parking spaces. The property has a floor size of 159m2. The place is currently for sale with The Agency Perth.

Building Type
Terrace
Floor Size
159m2

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About Fremantle 6160

The size of Fremantle is approximately 5.5 square kilometres. It has 24 parks covering nearly 26% of total area. The population of Fremantle in 2011 was 7,668 people. By 2016 the population was 8,214 showing a population growth of 7.1% in the area during that time. The predominant age group in Fremantle is 30-39 years. Households in Fremantle are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Fremantle work in a professional occupation. In 2011, 52% of the homes in Fremantle were owner-occupied compared with 54.2% in 2016.

Fremantle has 6,276 properties. Over the last 5 years, Houses in Fremantle have seen a 57.08% increase in median value, while Units have seen a 67.76% increase. As at 31 October 2024:

  • The median value for Houses in Fremantle is $1,292,398 while the median value for Units is $714,817.
  • Houses have a median rent of $795 while Units have a median rent of $685.
There are currently 64 properties listed for sale, and 20 properties listed for rent in Fremantle on OnTheHouse. According to CoreLogic's data, 294 properties were sold in the past 12 months in Fremantle.

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Daniel-Paul Filippi
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The Agency Perth
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