I have received some great news about the Royal George Hotel in East Fremantle from a well-informed source.
According to my source Saracen Properties is 99% on the way of purchasing the building from the State Government. The purchase and possession will be finalised within the next 90 days.
Saracen has appointed well-known Fremantle architect Michael Patroni from Space Agency to do the interior and exterior development of the old building as well as the development of the vacant land behind the building.
Saracen has developed a Conservation Management Strategy that has been endorsed by the Heritage Council of W.A. The CMS ties them to refurbishing the building within a certain time period.
The company will immediately stabilise and clean up the building once the contract has been signed, so the decay will be stopped, until planning approval has been received and conservation and building can commence.