And Liz Mullinar, who has counselled women he attacked and is the founder of the child abuse charity Heal for Life, said the lyrics gave her the 'shudders'.
'It's absolutely disgraceful, that after all this time, he is still refusing to acknowledge what he has done,' she added.
'The victims will be very upset reading this, they will be struggling. To read that he is still denying it just shows his true character.'
One victim said she was 'horrified' by the song, which was 'full of hatred'.
Another, who also cannot be identified, said: 'I am totally revolted by what he has written.
Despite convictions on every count he has shown no remorse and continues to think he can treat his victims like dirt.
'His arrogance is beyond belief. I am devastated by reading this and it will set back my recovery at a time when I am trying to rebuild my shattered life.'
Harris, who was once a darling of British television, was unmasked as a predatory paedophile and jailed for five years and nine months last July for a string of sex attacks on girls as young as seven.
He has always protested his innocence, forcing his victims to endure a harrowing court ordeal in which his lawyer portrayed them as fame-hungry liars.
The lyrics were contained in a letter Harris sent from Stafford Prison to a friend. The friend was so appalled that he informed the Mail on Sunday.
The song shows Harris has no remorse. In it, he sneers at his victims, describing them as 'woodworms and wenches who have been festering for years'.
He said they were 'joining the feeding frenzy' in trying to get their 'hooks into his dough'. He says: 'Time's right to grab your chance - Clap eyes on a rich celebrity.'
In the letter, Harris insists he will record the song the moment he is freed, suggesting he will be released toward the end of 2017.
He said he thought his lyrics would be best set to a country rock sound with a heavy backbeat.
Liz Dux, the Slater and Gordon solicitor who represents his victims, called for Harris to serve his full term. 'He put these women through hell during the trial,' she said.
'He has shown them nothing but contempt and arrogance, even in the way he assaulted them.
'The main victim has never worked because of his abuse of her from an early age. Hers is a life ruined. Yet Rolf Harris still believes fame, power and money are more important than these women's lives.'
It is thought that Justice Secretary Michael Gove is powerless to keep Harris in jail beyond the halfway point of his sentence because of laws passed by the last Labour government in 2003.
Harris was found guilty of molesting four girls, using his fame to get close to them.
One woman who was just seven or eight was groped when she asked for his autograph. Another two fell prey as young teenagers.
Harris was convicted of a catalogue of abuse against another young victim, who prosecutors said he groomed from the age of 13 and used like 'his little toy'. He dehumanised her, the court heard, and she was transformed from a carefree child into an emotionally scarred adult. His abuse sparked her descent into a spiral of depression and chronic alcoholism.
Sentencing at Southwark Crown Court, Mr Justice Sweeney said Harris had shown no remorse. He added: 'Your reputation lies in ruins, you have been stripped of your honours, but you have no one to blame but yourself.'
It is understood that Harris has been plotting from his prison cell to fight the claims for compensation and protect his estimated £16million fortune.
In the letter he also brags of his easy lifestyle at Stafford Prison, where he is working as an assistant to an art tutor and indulging his love of painting.
Harris was transferred to the category C prison in October after he complained about being bullied at Bullingdon Prison in Oxfordshire. One of Britain's oldest jails, Stafford houses 741 male inmates, all of whom are sex offenders.
Harris shares a cell in which he has use of a toilet and basin.
- Daily Mail