Approx 900m2 of fully serviced building area on 1.3 Ha (approx 3.3 acres) situated in the growing tourism town of Waratah. Last century, the force of the iconic Waratah Waterfall turned huge waterwheels which drove ore processing machinery in amazing buildings cleverly suspended over the falls. Proximity to the world renown Cradle Mountain and the Tarkine Wilderness Reserve has made Waratah an ideal stopover destination with a history of its own and growing demand for large group accommodation.
The Schools sports ground seems perfect for vans and with a kiosk (kitchen facilities), large assembly room, classrooms, staff room, offices, multiple toilet facilities, workshop and tennis court, it appears perfect for travellers accommodation. Other considerations could be youth camps, large club display functions, respite or rehabilitation centre, arts/ crafts/ history centre, hospitality or privately enjoy the property as you wish only 45 minutes from Burnie.
The potential of this substantial property is endless (STCA) Opportunities like this are rare.
The size of Waratah is approximately 120.3 square kilometres. It has 4 parks covering nearly 15.3% of total area. The population of Waratah in 2016 was 245 people. By 2021 the population was 249 showing a population growth of 1.6% in the area during that time. The predominant age group in Waratah is 50-59 years. Households in Waratah are primarily childless couples and are likely to be repaying $300 - $449 per month on mortgage repayments. In general, people in Waratah work in a trades occupation.In 2021, 82.60% of the homes in Waratah were owner-occupied compared with 81.70% in 2016.
Waratah has 418 properties. Over the last 5 years, Houses in Waratah have seen a 59.01% increase in median value, while Units have seen a 74.44% increase. As at 31 January 2026:
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