FOR SALE
$275,000

10-12 Wattle Street
Grassy TAS 7256

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 11ac
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Owner Has Provided Instruction To Sell!

Introducing 10 & 12 Wattle Street, Grassy, King Island: Approximately 11 acres in total of prime coastal land with great views over Grassy Harbour & Bass Strait.
Originally serving as the mine's residential area during its active years, the property now encompasses multiple structures that require some attention. However, the potential for its transformation is limitless with power and water connections on site, it offers numerous possibilities for development (STCA). Located next to the Wild Harvest Restaurant this property provides the potential for a tourism opportunity.
Embrace the serenity of this coastal haven on King Island, renowned for its untouched beauty. With endless potential, create your dream retreat or embark on a development project. Enjoy the close-knit community of Grassy and the convenience of nearby amenities. The Tungsten mine has re-commenced operations providing employment opportunities for locals and those looking to relocate to King Island.
Don't miss this opportunity to own a piece of paradise on King Island and contact Kyle Barrett today!
Land Size:
- 10 Wattle Street 1.514 hectares
- 12 Wattle Street 2.313 hectares
*We have in preparing this listing used our best endeavours to ensure the information is true & accurate. Prospective purchasers are advised to carry out their own investigations.

Property Details for 10-12 Wattle St, Grassy

Building Type
Land
Land Size
11ac

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About Grassy 7256

The size of Grassy is approximately 14.5 square kilometres. It has 6 parks covering nearly 15.2% of total area. The population of Grassy in 2011 was 279 people. By 2016 the population was 145 showing a population decline of 48.0% in the area during that time. The predominant age group in Grassy is 60-69 years. Households in Grassy are primarily childless couples and are likely to be repaying $450 - $599 per month on mortgage repayments. In general, people in Grassy work in a labourer occupation. In 2011, 63.5% of the homes in Grassy were owner-occupied compared with 62.5% in 2016.

Grassy has 171 properties. Over the last 5 years, Houses in Grassy have seen a 48.03% increase in median value. As at 30 September 2024:

  • The median value for Houses in Grassy is $270,736 while the median value for Units is $263,201.
There are currently 13 properties listed for sale, and no properties listed for rent in Grassy on OnTheHouse. According to CoreLogic's data, 3 properties were sold in the past 12 months in Grassy.

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Kyle Barrett
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Ken Jones
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Parry Real Estate Pty Ltd - PROSPECT
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