Colliers International negotiates $2.3 million sale of restored heritage buildings.
An important piece of WA history has changed hands with the sale of the Coogee Hotel and Post Office to well-known Perth hospitality operators.
The 116-year-old hotel sale was sold for $2.3 million to restaurateur Nic Trimboli and property developer Adrian Fini after a sale process steered by Colliers International’s Tory Packer on behalf of the vendor, Main Roads WA.
Ms Packer said a $480,000 restoration by the Heritage Revolving Fund, a State Government program to reactivate publicly-owned buildings, had returned the buildings close to their original condition and fit for modern use.
“More than150 enquiries were received for the restored heritage buildings from investors, developers, owner-occupiers, land-bankers and community members during the sale,” Ms Packer said.
Mr Trimboli and Mr Fini, who are also co-founders of Little Creatures brewery, hope to complete their plans for the Cockburn Road property by mid-2018.
An approved structure plan for the 6,663sqm site has provision for a flexible local centre zoning, a mixed-use area to front Cockburn Road and a six-lot residential development at the rear of the site.
Ms Packer said the future uses for the hotel and post office buildings would complement the established residential area in Coogee and the new communities being built at North Coogee, which includes the Cockburn Coast Redevelopment Area.
“Stretching from South Beach to Port Coogee, the Cockburn Coast Redevelopment Area is being developed by LandCorp and is expected to be home to 12,000 people in 6,000 homes during the next 15 to 20 years,” Ms Packer said.
One of Perth’s few remaining single-storey hotels from the pre-World War One era, the Coogee Hotel was built opposite Coogee Beach in 1901 by Fremantle accountant Walter Powell.
In the 1920s a purpose-built post office and a store were added to the property which had become a popular holiday destination and resting point for travellers. A train station and two race courses were later added to the property.
The hotel closed in 1927 because there was a surplus of hotels in the area.
The property was purchased by the Anglican Church and was used as a children’s holiday camp during the depression years and later a children’s home.
Main Roads WA purchased the property in the 1970s while assembling land for future roadwork which did not proceed.
The hotel and post office were added to the WA State Heritage Register in 2001. Their restoration was overseen by the Heritage Works arm of the State Heritage Office.