A 16-hectare island off Tasmania’s north coast has hit the market for the second time this year.

Ninth Island, which sits just under 12 kilometres off the Tasmanian mainland has been listed with Melbourne real estate agency Fletchers by the person who purchased it March this year.

The island had been owned by the Belgian-based Kreglinger Wine Estate for six years before the sale to the current vendor earlier this year for somewhere in the vicinity of $500,000.

The island, which is advertised as being only a short helicopter ride from Tasmania is set to go to auction in just under two weeks and the seller is hoping for a tidy profit from the sale, with the bidding expected to start at around $990,000.

Described by selling agent Jack Lim as “rugged and natural,” the island currently features only one building – a small fishing shack.

Lim is reportedly working with local government in the area to determine if further construction is permitted on the island.

Prospective buyers won’t have the 1.3 kilometre by 550 metre stretch of land to themselves however, with it currently home to a large population of mutton birds.