Opportunities like this don't come up in Fremantle. A beautifully preserved 1928 Federation home at the front, and a fully approved, self-contained second w bedroom home at the rear already generating income. Whether you're an investor after a genuine dual-income asset, a family wanting space plus a rental buffer, or an operator eyeing Airbnb returns, minutes from the harbour, this address delivers it all on a generous 688sqm block.
The Front Home: A Federation Showstopper
Step past the classic bull-nose verandah into a home that has lost none of its 1928 character. Ornate high ceilings and jarrah floorboards run throughout the light-filled 4-bedroom, 2-bathroom layout, with ducted reverse-cycle air conditioning for year-round comfort. An outdoor entertaining area extends the living space outside perfect for long Fremantle evenings once the Doctor rolls in. With Notre Dame and Murdoch University both close by, there's also the option to configure two additional bedrooms for room-by-room rental taking this home to a potential 9 bedrooms in total across the property, and opening up a strong student-accommodation income stream.
The Rear Home: Income Producing Bonus from Day One.
Behind the main house sits a fully built and council-approved 3-bedroom, 1-bathroom home with its own 2 toilets, already tenanted and helping cover the mortgage payments today. It's self-contained and separate from the front home with full Shire service rear acess way. It's ideally set up for long-term tenancy or year-round Airbnb income, giving buyers a rare head start on returns from day one.
Fremantle isn't simply another Perth suburb, it's a destination.
Just 18km from Perth, Fremantle has held onto what most suburbs have lost being the heritage streetscapes, working harbours and a genuine sense of character. It's a short stroll to the cafés, breweries (Little Creatures included), seafood and multicultural dining Freo is famous for, and to Fishing Boat Harbour, Bathers Beach, South Beach and Port Beach. Cycling, sailing and beach life are part of daily routine here, cooled through summer by the Fremantle Doctor sea breeze. Add in street art, live music, the Fremantle Markets and a genuinely tight-knit, family-friendly community, and it's easy to see why so few Freo homes like this come to market. It's also a magnet for renters and students, with Notre Dame's Fremantle campus in town and UWA, Murdoch and city ECU all within easy reach, plus a simple commute to Perth or to jobs right here in Fremantle's own tech, arts and hospitality scenes.
The Numbers:
Compare this to what a standalone 3-bedroom home in Fremantle commands today, and the value of two homes with rear access, two income streams and a 688sqm landholding becomes clear. This is a rare chance to secure a charac
A real estate gem with options. Perhaps the greatest attraction of this unique property is choice.
Live in the front home and generate income from the rear.
House a large or extended family.
Explore student accommodation or room-by-room leasing, subject to approvals.
Or simply secure a substantial Fremantle property with multiple income and lifestyle possibilities for the future
Many locals describe Fremantle as friendly and supportive and great for raising kids. There are good local public and private schools, plus libraries and community centers. Lots of outdoor spaces (fenced parks, wide beaches) are perfect for children to play and families to picnic.
Let the photos and video link speak for themselves.
Please note inspections are by appointment only.
This home needs to be seen to be believed.
Please call Michel on 041 888 7688 to arrange a viewing.
Disclaimer:
The property information provided is for marketing purposes only, and should not be solely relied upon when deciding to make an offer. The purchaser is encouraged to seek independent advice from qualified industry professionals before making an offer to purchase.
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