NEWS RELEASE - Sale of Kooralbyn Airport

The prominent real estate entrepreneur Peter Huang of Yong Real Estate has announced the unconditional sale of the iconic Kooralbyn Airport following the adjoining Kooralbyn International School site being put under contract last month, subject to conditions. The sale marks a significant milestone in the ongoing development of the Kooralbyn region, renowned for its potential as a hub for tourism, education, and aviation activities.

Adjacent to the airport is the former Kooralbyn International School upper campus, a historic property that was once a cornerstone of the region’s educational excellence and community identity produced 2 young Australian of the year, Cathy Freeman and Scott Hocknull

Peter Huang, founder and CEO of Yong Real Estate, expressed his enthusiasm for the completion of this  transaction as part of the divestment of the integrated Kooralbyn resort with around 800 acres of land, amongst which around 366 acres overlooking the Kooralbyn Golf Course are zoned for future subdivision.

*"The sale of Kooralbyn Airport and the potential sales of the former Kooralbyn International School site represents a tremendous opportunity for the buyer to rejuvenate and unlock the full potential of these iconic properties. *The Kooralbyn Resort has been recently selected by the Olympic Organizing committee as the satellite village of the Brisbane 2032 Olympics, and we are thrilled to see new energy and investment directed toward its future development," Mr Huang said.

Yong Real Estate, under the leadership of Peter Huang, has played a pivotal role in facilitating major property sales and developments across Queensland over his 31 years of industry experience. With a proven track record of achieving remarkable results, the company remains committed to driving investment and growth in key regional areas.

A Strategic Investment

The sale comes at a time when regional assets are experiencing heightened interest from investors seeking opportunities for long-term growth and revitalization. The Kooralbyn Airport holds immense value as a gateway to Queensland’s tourism market, offering possibilities for aviation tourism, pilot training, and private charter services. Meanwhile, the adjoining Kooralbyn International School site stands as a prime asset for educational and community development projects.

The new owners, whose details are yet to be publicly disclosed, are expected to share their vision for the properties in the near future. Early indications suggest plans to restore and repurpose the sites to align with the region’s growth potential and community needs.

A Region of Opportunity

Kooralbyn, situated within the Scenic Rim, has seen increasing demand for tourism, residential, and lifestyle investments. The region’s natural beauty, coupled with its strategic location within close proximity to Brisbane and the Gold Coast, positions it as an attractive destination for developers and investors alike.

"Kooralbyn is a jewel in Queensland’s regional crown, and this transaction opens up exciting possibilities for tourism, education, and aviation industries to flourish. It’s a win for the region and for Queensland as a whole," Mr. Huang added.

Peter Huang’s Yong Real Estate has consistently been at the forefront of identifying and promoting unique property opportunities. Known for its innovative approach and deep market expertise, Yong Real Estate continues to be a leader in the Queensland property market.

30 the Anniversay and $100k cash give away

To celebrate the 30th anniversary, Peter announced that he will restart his giveaway for Yong clients as part of his philosophy of giving more to charity and more  to Yong clients. As a pioneer in the industry giveaway, he gave away 5 Lexus and Toyota cars during 2011-2014. From 2025, he will give away $100k cash to Yong clients each year, to be drawn at the Yong client Christmas party.

For Media Inquiries:Peter HuangPhone: 0418 888 889Email: Peter.huang@yong.com.au