132 Princes Highway, Port Fairy, Vic 3284

“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.