Buy your own airport: Savills list The Oaks Airport in NSW
The Oaks, a former World War II airport 80 kilometres west of Sydney near Campbelltown, has been listed for sale for the first time in over four decades.
The 40.6 hectare property on Burragorang Road is a privately owned aerodrome which was originally built by the Royal Australian Air Force during World War II.
It's the only airport constructed during WWII to still be operational.
Today the airfield caters mostly to recreational aircraft and flight training.
Savills agents Tom and Nick Tuxworth, Nick Lower and Michael Fenton are marketing the heritage-listed site that is one of only four commercially licensed airports in the Sydney Basin.
“We are expecting a wide range of interest from local and offshore developers, land bankers, private high net worth families, aviation operators and logistics companies,’’ Tom Tuxworth said.
“100 acres of prime land in this location should be well suited to many astute buyers including Australia leading institutions," Tuxworth added.
“With alternate investments being looked at closely by many buyer groups on the back of a softening bond market and volatile stock exchange, we are excited to see the types of buyers investigate this opportunity further.
"When do buyers have the chance to purchase their own airport in Sydney? We are expecting strong engagement from all parties” Tuxworth noted.
The current owner purchased the airfield in 1975.
In late 1981, the owner acquired a Hawker-Siddeley HS.125 training jet from Qantas and transported it to the field.
The derelict jet (below) has since become a popular attraction with aviation enthusiasts and photographers.
The Oaks airfield was constructed in 1942 as a satellite field of Camden Airport, at the time a major operational base and RAAF station.
The Oaks was built with a sealed 1,500 m runway and could function as a dispersal base to hide aircraft should the major bases in Sydney come under attack.
The construction of Burragorang Road between the late 1940s and 1960 as the main access to Warragamba Dam cut across the original runway, and only the southern end of the site is still used for aviation purposes.