FOR SALE
Asking $1.5m + GST

Lot 141 & 143 Wellington Bundock Drive
Kooralbyn QLD 4285

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 13.75ha
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Great Business Opportunity - Own your Own Airport!

Kooralbyn Airport
Located only over a 200 metre walk from the resorts entrance point, lies the 1.4 kilometres newly resealed Kooralbyn Airport. The air strip was constructed in 1974 with the installation of a terminal in 1976. The airport terminal is a small timber construction comprising of offices and a reception which needs renovation & cleaning.
Historically, the air strip has been utilised by hotel guests, golf course and polo players members to park their planes to enjoy the facilities on offer. Sky diving, scenic flights, flying school and model aircraft were the major activities with potential for Charter Flights.
The opportunity exists for an incoming purchaser to acquire the private airport to capitalise on its easy accessibility to other nearby domestic and international gateways such as the Brisbane and Gold Coast Airports and further expand to the hinterland mining operations.
Kerry Packer and his Polo team used to fly to Kooralbyn Valley regularly to play polo and golf here, while staying at the resort. This is a very rare opportunity to secure a well-established private airport at a very affordable price at this relatively central location.
The nearby championship polo field, equestrian centre & International School property could also be sold as a separate package.
For further Information, Please contact the exclusive marketing Agent Peter Huang

Property Details for Lot 141 & 143 Wellington Bundock Dr, Kooralbyn

Building Type
Rural
Land Size
13.75ha

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About Kooralbyn 4285

The size of Kooralbyn is approximately 87.5 square kilometres. It has 11 parks covering nearly 4% of total area. The population of Kooralbyn in 2011 was 1,371 people. By 2016 the population was 1,725 showing a population growth of 25.8% in the area during that time. The predominant age group in Kooralbyn is 60-69 years. Households in Kooralbyn are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Kooralbyn work in a trades occupation. In 2011, 74.2% of the homes in Kooralbyn were owner-occupied compared with 70.9% in 2016.

Kooralbyn has 1,235 properties. Over the last 5 years, Houses in Kooralbyn have seen a 100.93% increase in median value, while Units have seen a 205.29% increase. As at 31 August 2024:

  • The median value for Houses in Kooralbyn is $742,524 while the median value for Units is $315,035.
  • Houses have a median rent of $350 while Units have a median rent of $210.
There are currently 24 properties listed for sale, and no properties listed for rent in Kooralbyn on OnTheHouse. According to CoreLogic's data, 95 properties were sold in the past 12 months in Kooralbyn.

Suburb Insights for Kooralbyn 4285

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Peter Huang
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Yong - Corporate Office
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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.