132 Princes Highway, Port Fairy, Vic 3284

Expression Of Interest Close 12th October

House
Type
5
Bedrooms
3
Bathrooms
1
Parkings
2,804 m²
Area

Last updated on Saturday, September 05, 2026 ( See property details for 132 Princes Highway, Port Fairy, Vic 3284)

Expression Of Interest Close 12th October

Penny Adamson Residential & Lifestyle Sales Specialist
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A beautifully renovated historic residence with two self-contained townhouses set on a private 2,804 sqm garden, offering versatile living and exceptional business potential in Port Fairy.

🏡 Property Highlights

  • Historic 1840s renovated family home with heritage character
  • Two fully self-contained one-bedroom townhouses for flexible living or income
  • Expansive 2,804 sqm private garden setting with established gardens
  • Main highway exposure ideal for boutique accommodation business
  • Potential for multi-generational living, family residence, or retirement lifestyle
  • Close proximity to Port Fairy's CBD with easy-care grounds

✨ Key Features

  • Built in robes
  • Open-Plan Living
  • Outdoor Area
  • Ensuite
  • Garage
  • Water tank
  • Fireplace
  • Security Screens / Gates
  • Ceiling Fans
  • Fully fenced
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132 Princes Highway
Port Fairy, VIC 3284
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Port Fairy is a charming coastal town renowned for its rich history, vibrant community, and stunning waterfront views. It offers a relaxed lifestyle with excellent local amenities, beautiful beaches, and a thriving tourism scene. The area is perfect for those seeking a peaceful retreat with the potential for boutique accommodation or family living. Its heritage-listed buildings and scenic surroundings make it a highly desirable location for both residents and investors.

What is the condition of the historic residence and the townhouses?
The property has been extensively renovated, including roofing, wiring, and plumbing, ensuring modern comfort while preserving its heritage character.
Can the property be used for a boutique accommodation business?
Yes, the two self-contained townhouses and prime highway exposure make it ideal for boutique accommodation or a similar hospitality venture.
What are the main features of the gardens and outdoor spaces?
The property features established, easy-care gardens spanning approximately 2,804 square metres, providing privacy and a peaceful country setting.
Is there potential for multi-generational living or family use?
Absolutely, the flexible layout with a main residence and two separate townhouses makes it suitable for multi-generational families or extended living arrangements.
What amenities are nearby?
The property is conveniently located close to Port Fairy's CBD, beaches, local shops, and amenities, offering a relaxed coastal lifestyle.
Are there any zoning restrictions or planning overlays that could affect future development or use of the property? What are the ongoing maintenance costs for the heritage-listed residence and gardens? Are there any easements, covenants, or restrictions on the property? Has the property been assessed for flood or bushfire risks? Are there any upcoming planning or construction projects in the vicinity that could impact privacy or views? Is the property compliant with all heritage and building regulations? What are the details regarding the existing business operation potential and licensing requirements? Are there any hidden costs associated with the fully furnished option? Has the property been inspected for structural issues or defects? What are the strata or body corporate arrangements, if any, for the townhouses?

132 Princes Highway, Port Fairy, Vic 3284 - More Details

Expression Of Interest Close 12th October

“Lucy's Lane” - Expansive Boutique Living options in Historic Port Fairy

A beautifully renovated three bedroom historic residence with two additional fully self-contained one bedroom townhouses presents an exceptional opportunity for boutique accommodation, family living or a peaceful retirement escape. Each property has been extensively renovated including roofing, wiring and main plumbing. Renovations have been completed in collaboration with Belle Hemming from the Bright Belle Project every detail of these spaces have been carefully and thoughtfully chosen to create the most wonderful and impressive interiors and colour schemes to compliment gorgeous English styled kitchens, open stone fireplaces and striking living options.

Set within a private and picturesque 2,804 square-metre garden setting, this distinctive Port Fairy property combines heritage character, modern comfort and outstanding flexibility.
At its heart is a beautifully renovated three-bedroom family home dating from the 1840s. Originally named Yates Hill Farm, it was one of the oldest dairy farms in the district. Today offering expansive living options and a warm, inviting atmosphere within close proximity to the heart of Port Fairy's CBD.

Surrounded by established easy care gardens and grounds and set well back from the road, the home positioned at the end of structured driveway enjoying a relaxed country setting with privacy and seclusion. The main home boasts sun filled atrium living, family bathroom complete with separate bath, second snug living room and open style kitchen/dining.

Adding to the property's appeal are two separate one-bedroom townhouses, each fully self-contained and delightfully appointed with separate living, separate master bedrooms, exquisitely appointed kitchens and well styled bathrooms. With their own relaxed country outlooks, the townhouses provide ideal accommodation for guests, extended family or visitors—or the potential to continue an established boutique accommodation business.

Positioned with main highway exposure, the property offers valuable visibility for those seeking to operate a boutique accommodation venture, while its spacious grounds and tranquil setting provide an idyllic lifestyle for family living.

Whether continuing the existing business, creating a private multi-generational haven or embracing the ease and serenity of retirement, this unique offering delivers an exceptional blend of opportunity, character and flexibility in one of Port Fairy's more sought-after locations.

Key features include:

• Historic and beautifully renovated three-bedroom family home dating from the 1840s
• Expansive living areas and flexible accommodation options
• Two fully self-contained, one-bedroom townhouses
• Private, established gardens spanning approximately 2,804 square metres
• Peaceful country setting with privacy and seclusion
• Main highway exposure, ideal for boutique accommodation pursuits
• Established business opportunity, if desired
• Suited to family living, multi-generational use or an idyllic retirement lifestyle

This is a rare opportunity to secure a substantial and versatile property in historic Port Fairy, offering both immediate lifestyle appeal and exciting business potential.


FOR SALE by Expression of Interest closing Monday 12th October 2026 at 12pm.
Vendor Expectations $1,600,000 to $1,700,000 with a fully furnished option.

Contact Exclusive Selling Agent Penny Adamson 0407600767
For Property Briefing Document including floor plans for each home, Vendor Statement and Expression of Interest Form.
Type
House
Bedrooms
5
Bathrooms
3
Parkings
1
Area
2,804 m²

Price guide

View Statement Of Information

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