Luna Park

Sydney's Luna Park: Iconic Theme Park Up for Grabs After 20 Years

🎡 Luna Park Sydney, the heart of the city, is on sale for $70 million! Who will be the next owner? 🎢 #LunaParkSydney #AmusementParkForSale

Sydney's iconic Luna Park, located beside the Harbour Bridge at Milsons Point, has recently hit the market for the first time in two decades. The historic amusement park, with a chequered past including closures and a fatal fire on the ghost train in the late 1970s, is now up for grabs with a price tag of $70 million. Luna Park, deemed as the 'beating heart of Sydney,' was acquired by an investment firm in 2007 and has undergone extensive upgrades in the past four years. The sale is expected to attract significant attention given the park's rich history and prime location on the harbour foreshore.

Canadian property giant Brookfield, the current owner of Luna Park, is looking to pass the baton to a new owner, signaling a significant change in the iconic theme park's ownership. The sale is being facilitated by CBRE agents, and the excitement surrounding the potential handover of this historical landmark is palpable. With the anticipation of a new chapter for Luna Park, enthusiasts and investors alike are eager to see what the future holds for this beloved Sydney attraction.

It's interesting to note that Luna Park has been a cornerstone of Sydney's entertainment scene since its opening in 1935, providing generations of visitors with amusement and memories. Despite its ups and downs, Luna Park remains a symbol of fun and joy for both locals and tourists. Additionally, the rare opportunity to own such a historic and iconic property like Luna Park is sure to attract interest from various sectors, highlighting the enduring appeal of this amusement park to potential buyers.