Magic Kingdom Lansvale sold decades after desertion in the 1990s
ALL that remains is rusted rides and the ghosts of fun times past – but what’s left of Magic Kingdom was still worth a pretty penny when the site hit the market.
Fairfield
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THE shine has worn off, but the remains of Magic Kingdom were still worth a pretty penny when the site hit the market.
The Lansvale site of an old theme park – ultimately felled by the soaring success of Wonderland in the 1990s – was recently sold for an undisclosed amount by commercial agents CBRE.
Another 38,600sq m site in Hollywood Drive recently sold for $1.1 million.
The 20,000sq m theme park block at 156-160 Hollywood Drive is part of a primarily residential estate, and last sold for $800,000 in 2006.
The sprawling site is now littered with the rusted remains of old carnival rides and the ghost of fun times past.
The former bustling family fun park hosted old rides bought from Luna Park after it closed following the 1979 Ghost Train tragedy.
Two open water slides stretching almost 100m, radio-controlled cars, petrol-powered mini boats and bungy jumping were among the park’s many attractions.
However, the little kingdom could not compete with the wild rides at Eastern Creek’s Wonderland and it closed in the mid-1990s.
The land was sold to developers in 2004, but has stood dormant ever since.
The property is affected by flooding from nearby Prospect Creek.
However, future development will be constrained by the site’s E3 Environmental Management classification.
The zoning only provides for limited development that does not negatively affect areas with ecological, scientific, cultural or aesthetic value. Dwelling houses, environmental facilities and protection works, agriculture, flood mitigation, recreation areas and roads are permitted with consent.
However, multi-dwelling housing, flats, retail premises and service stations are prohibited.
Fairfield City Cr Dai Le said she hoped future development would benefit the wider community. “It will certainly have to comply with the council’s local environmental planning regulations,” Cr Le said.
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