The art deco park in Milsons Point opened in 1935 and currently features 17 amusement rides, an immersive “big top” and the heritage-listed Coney Island.
The sale of the long-term business lease is expected to fetch about $70m. It is currently owned by global investment firm Brookfield which operates the amusement park, buildings and 389-space car park.The park’s chief executive, John Hughes, said the site had played an important role in Sydney’s social and cultural fabric for 90 years.
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