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A historic Fremantle building has been gutted by fire, with fears what remains of the structure could collapse just four days after the property was sold to a new buyer.

Albert Hall in Fremantle. Credit: Domain

Named after Queen Victoria’s husband, Prince Albert, Albert Hall Studio along Pearse Street has been used as an events space in the areas since 1899.

Now, only the exterior walls remain after the roof collapsed in and the entire inside structure was wiped out by the fire.

The blaze started around 6pm on Sunday evening with the flames spreading to a neighbouring property. Firefighters extinguished the fire about an hour later.

Police have said they are not treating the fire as suspicious, but are still investigating the cause. The estimated cost of damages is $2 million.

Thankfully, no one was hurt.

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