40 The Esplanade, Grasstree Beach is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 625m2 and floor size of 144m2. While the property is not currently for sale or for rent, it was last sold in August 1990.
After 35 years, this rare and exciting opportunity to secure a three-level beachfront home on the bay has finally hit the market.
Are you a water sports enthusiast? Dreaming of waking up to ocean views? Searching for a property with potential to add value? Look no further.
Just a short 15 minute drive to local amenities such as shops, schools, sporting clubs and health facilities.
Step inside and be captivated by the sweeping bay views showcased through the home's expansive front windows.
Upstairs, you'll find three generously sized and well-appointed bedrooms with the convenience of a toilet as well
The main level features a well-sized kitchen, a spacious dining area, and a bright, airy lounge-each with large windows to take in the sea breeze and panoramic views.
On the lower level, the home offers:
A two-bay garage
A spacious open-plan laundry
A large family bathroom with bathtub, shower, and toilet
A versatile multipurpose room-perfect as a teenage retreat, kids' playroom, or home office
A substantial open storage area
Designed with assisted or elderly living in mind, the home includes wide hallways and handrails throughout for accessibility.
All of this just steps from the sand-this property is ideally positioned and bursting with potential. Whether you're seeking a serene coastal lifestyle or a renovation project with unbeatable location, this beachfront gem is a must-see.
Inspection via private viewing-
Available information on request;
-Rental Appraisal
-Building Inspection Report
-Pest Inspection Report
The size of Grasstree Beach is approximately 16.9 square kilometres. The population of Grasstree Beach in 2016 was 745 people. By 2021 the population was 717 showing a population decline of 3.8% in the area during that time. The predominant age group in Grasstree Beach is 60-69 years. Households in Grasstree Beach are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Grasstree Beach work in a trades occupation.In 2021, 77.90% of the homes in Grasstree Beach were owner-occupied compared with 76.30% in 2016.
Grasstree Beach has 518 properties. Over the last 5 years, Houses in Grasstree Beach have seen a 79.76% increase in median value, while Units have seen a 65.30% increase. As at 31 October 2025:
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