198 Princes Hwy, Port Fairy, VIC, 3284

Dual Cottages with Income Potential

House
Type
3
Bedrooms
3
Bathrooms
3
Parkings

Published on Wednesday, March 25, 2026 ( See property details for 198 Princes Hwy, Port Fairy, VIC, 3284)

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A historic dual-cottage property on a spacious allotment offering versatile living and income potential in a prime Port Fairy location.

🏑 Property Highlights

  • Historic 1848 heritage cottages with period features
  • Two charming, self-contained cottages ideal for income generation
  • Generous 1,417m² allotment with established gardens and mature trees
  • Prime location opposite Port Fairy Rail Trail and within walking distance to town
  • Flexible living options including holiday accommodation or home-based business
  • Ample off-street parking for up to four vehicles

✨ Key Features

  • Open-Plan Living
  • Outdoor Area
  • Built-in Robes
  • Fireplace
  • Ceiling Fans
  • Laundry
  • Courtyard
  • High Ceilings
  • Heritage Features
  • Mature Gardens
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198 Princes Hwy
Port Fairy, VIC 3284
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Vertical aerial view β€” 198 Princes Hwy
198 Princes Hwy — Vertical Aerial  •  Port Fairy, VIC 3284  •  Nearmap © 2026

Port Fairy is a picturesque coastal town renowned for its rich history, vibrant arts scene, and stunning beaches. The suburb offers a relaxed lifestyle with charming cafes, boutique shops, and scenic walking trails. Its heritage-listed architecture and community events make it a desirable location for both residents and visitors. The area provides easy access to outdoor activities and a peaceful environment, perfect for a tranquil retreat or investment opportunity.

Can I use one of the cottages as a holiday rental or Airbnb?
Yes, both cottages are self-contained and suitable for short-stay rentals, making them ideal for holiday accommodation or Airbnb.
What are the heritage features of the cottages?
The cottages showcase period features such as timber floors, high ceilings, exposed stone walls, and open fireplaces, preserving their historic charm.
Is there parking available for multiple vehicles?
Yes, the property offers off-street parking for up to four vehicles.
What is the size of the land and gardens?
The property is set on approximately 1,417mΒ² of land, featuring established cottage gardens and mature trees.
How close is the property to the town centre and outdoor trails?
The property is just a 10-minute walk to the town centre and is opposite the Port Fairy Rail Trail, offering easy access to outdoor activities.
Are there any planning restrictions or heritage overlays that could affect renovations or extensions? What are the council rates and any additional property maintenance costs? Are there any easements, zoning restrictions, or covenants on the land? Has the property been inspected for structural issues or heritage conservation requirements? Are there any planned developments or construction projects nearby that could impact privacy or noise levels? Is there any history of flooding or bushfire risk in this area? Are there any strata or community title considerations, or is it freehold land? What are the ongoing costs associated with maintaining the heritage features and gardens? Are there any restrictions on short-term rentals or Airbnb use in this location? Has the property been surveyed recently, and are there any boundary or title issues?

198 Princes Hwy, Port Fairy, VIC, 3284 - More Details

Dual Cottages with Income Potential

Type
House
Bedrooms
3
Bathrooms
3
Parkings
3

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