OFF MARKET

1 Frantom Way
Bremer Bay WA 6338

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 11882m2
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Last updated 11 Nov 2024
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Property Details for 1 Frantom Way, Bremer Bay

1 Frantom Way, Bremer Bay is a 0 bedroom, 0 bathroom House. The property has a land size of 11882m2. While the property is not currently for sale or for rent, it was last sold in August 2003.

Building Type
House
Land Size
11882m2
Local Government
Jerramungup
Lot/Plan
192/P183351

Last Listing description (November 2024)

A local institution.
Over the past 20 years the Joy family have built Bremer Bay Resort into what
it is today. Sitting on its elevated position in the center of Bremer Bay, the

establishment is loved by locals and tourists alike.
Widely known for the incredible food and beverage of the restaurant and pub, as
well as a beloved accommodation spot for travellers both new and lifelong - this
represents an opportunity seldom seen in Western Australia.

As the only motel complex in Bremer Bay and only one of two commercial taverns,Bremer Bay Resort holds a commanding position in the hospitality space in the region. The business has displayed impressive growth year on year, and there is also exciting potential to add new revenue streams through additions and refreshments to current infrastructure and services.

A burgeoning tourist attraction, led by the growth of whale watching enterprises in the area, as well as investment in South Coast tourism has seen Bremer Bay and its businesses strengthen and build on an already solid base.

This, added to strong yields and the enviable lifestyle that can be enjoyed by the eventual buyers makes for an extremely enticing proposition.

ACCOMMODATION
21 detatched motel rooms
Very strong booking history and reputation - 9/10 stars on Expedia
1 "Manager's Quarters"
Guest laundry facilities

RESTAURANT & TAVERN
The core of the Bremer Bay Resort business
Inviting rammed earth and timber construction
Restaurant & dining area
2 bars each with fireplace
Commercial kitchen & dry store
Toilet facilities

RECEPTION
Combined office & reception area
Bottle Shop retail facility - large potential for growth

LOCATION
Ocean views
Minutes from other accommodations and local attractions
Adequate car parking for both accommodation and restaurant
Scope to expand and add facilities

For more information please contact Peter Worsfold 0420 975 024

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Property History for 1 Frantom Way, Bremer Bay, WA 6338

A timeline of how this property has performed in the market
Last Sold
$1,100,000
15 Aug 2003
  • 28 Oct 2024
    Listed for Sale Not Disclosed
  • 13 Mar 2024
    Listed for Sale Not Disclosed
  • 30 Nov 2023
    Listed for Sale Not Disclosed
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About Bremer Bay 6338

The size of Bremer Bay is approximately 616.9 square kilometres. It has 5 parks covering nearly 1.5% of total area. The population of Bremer Bay in 2011 was 570 people. By 2016 the population was 376 showing a population decline of 34.0% in the area during that time. The predominant age group in Bremer Bay is 50-59 years. Households in Bremer Bay are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bremer Bay work in a managers occupation. In 2011, 59.9% of the homes in Bremer Bay were owner-occupied compared with 60% in 2016.

Bremer Bay has 892 properties. Over the last 5 years, Houses in Bremer Bay have seen a 151.48% increase in median value, while Units have seen a 532.73% increase. As at 31 October 2024:

  • The median value for Houses in Bremer Bay is $635,994 while the median value for Units is $453,014.
There are currently 8 properties listed for sale, and no properties listed for rent in Bremer bay on OnTheHouse. According to CoreLogic's data, 30 properties were sold in the past 12 months in Bremer bay.

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