Thredbo Real Estate

About Thredbo


Thredbo, located in the New South Wales Kosciuosko National Park is more than just a ski resort. It is an all year round destination with access to mountain trails, golfing, kayaking, leisure centre, bobsled and a wonderful selection of cafes and restaurants.

The VillageThredbo Village, set within the 690,000 hectares of the Kosciuszko National Park, is one of Australia's highest alpine towns. It is perched among the some of Australia's highest mountains between 1365 to 1930 metres above sea level. (Cabramurra is Australia's highest town).

The Thredbo area was originally used by graziers, when, in 1955, a Czechoslovakian with great vision saw the potential for an all year mountain resort. Tony Sponar was working as a Hydrographer for the Snowy Mountains Authority and was captivated by the snow capped peaks and saw great prospects for a ski hill. Sponar had been a ski instructor at the renowned St Anton Resort, Austria from 1941 to 1948. He saw Thredbo developing as an Australian equivalent, with good vertical terrain and an electric atmosphere to match.

In May 1955, the Kosciusko Chairlift and Thredbo Hotel Syndicate was formed. The directors Tony Sponar, Charles Anton, Eric Nicholls and Geoffrey Hughes attained a lease from the state government with a year round resort in mind.

In the winter of 1955 a study of snowfall and weather patterns was carried out, and by the year's end it was decided that Friday Flat/Crackenback Peak was the best place to kick off Thredbo's snow riding sanctuary. A line was cleared and surveyed for the proposed chairlift on Crackenback Peak and in October Sydney businessman Andrew Thyne Reid joined the syndicate.

In January 1957 the good news came. The State Park Trust gave the syndicate an option for a lease, and in the summer of 1956-57 work began on a chairlift and basic accommodation.

The man with the vision, Tony Sponar, was the first area manager. In 1957 he was handed the task of building a road from the Alpine Way to the present site of the Thredbo Alpine Hotel on a budget of just 4000 pounds. To make things even tougher he had a budget of 1000 pounds to build a lodge.

In May 1957 the syndicate was given a new name, Kosciuszko Thredbo Limited, and with the new name came a fresh change. Andrew Thyne Reid was named Chairman and thanks to his experience with James Hardie Asbestos, the money was raised to continue the development of Thredbo.

To obtain a 99 year lease the group had to build a ski lift and 100 bed hotel within five years. After three and a half years it was clear the group needed a partner with more financial strength and construction expertise. Thyne Reid negotiated with the bidders, McGrath Coach Houses and Lend Lease.

In 1961, Lend Lease acquired the lease and up until 1987 developed Thredbo into the most unique alpine resort in Australia.

In January 1987, Amalgamated Holdings Limited, known to most as the Greater Union Organisation, purchased the lease and since then Thredbo has charged into the 21st century. During the summer of 1987/88 over $30 million was invested, installing the largest snowmaking facility in the southern hemisphere along with two state of the art detachable quad chairs. These moves not only ensure great snow when Mother Nature takes a break, but provide comfortable and fast access to explore the mountain and great outdoors.

Since purchasing the head lease from the Lend Lease Corporation in 1987, Amalgamated Holdings Limited has invested over $130 million into developing and improving village infrastructure and facilities. This, along with community building and development, has seen the following achievements over the decade:

  • An increase in the bed base in the village from 3,000 to 4,150
  • Installation and full automation of snowmaking system, that now covers 63 hectares of the snow riding area (the largest and most efficient snowmaking system in the Southern Hemisphere)
  • An increased lifting capacity from 10,136 people per hour to 18,000
  • The development of the Friday Flat beginner's area. This includes purpose built beginners terrain and friendly lifting system, restaurant, coach captains facilities, a media centre, retail and rental facilities, and Thredboland children's snow sports school
  • Development of cutting edge snow sports programs for children, adults and those after the ultimate rush
  • The building of the altitude training facility - the AIS accredited Thredbo Leisure Centre
  • An addition to the activities on offer with the building of the Thredbo Bobsled
  • The development of a respected and impressive summer events calendar
  • Development of a successful integrated booking arm - the Thredbo Resort Centre
  • The building of a central hub of retail activity - the Village Square
  • The construction of the community centre, chapel and ski patrol lodge

Kellys Property is working together with Mountain High Real Estate to bring you a wide selection of Thredbo properties for sale. For further information contact either Adele Maccallum 0419 991 380or Rowen Kelly 9519 4055.

Selling Information


Thredbo is in the heart of the Kosciuszko National Park. The National Parks and Wildlife Service administers the lease area on behalf of the State Government, the landlord. Kosciusko Thredbo P/L, KT, (a wholly owned subsidiary of Amalgamated Holdings, a publicly listed company on the ASX) is the head lessee. You, the individual property owner are therefore a sublessee of KT. KT are your "local council", and provide all municipal services including water and sewage for an annual "bed license" payment. 

Their responsibilities are clearly set out in the sub-lease document which also details things like the term of the lease, options to renew the lease, and your responsibilities under the sub-lease. 

The 50 year option to 2057 was taken up by KT, and new 50 year sub-leases are now mostly registered for all the individual properties in Thredbo (thus all properties have individual Lot and Deposited plan numbers); so make sure you find out where the properties you are examining are at, and 'get your head around’ the leasehold issues. This makes it easier to finance the purchase under 'new' Torrens Title arrangements. 

Outside the Kosciuszko National park, normal Torrens and Strata Title applies. In our experience, nevertheless, we have found that dealing with good local solicitors is generally a more expedient way of dealing with conveyancing matters in the local area.

Download Annual-Community-Services-Charges-Section-14-8-pdf.pdf

Download Assignments-Sales-Sections-18-2-through-18-8-pdf.pdf

Download Sections-5-12-1-and-5-12-2-pdf.pdf

Download Snowfield-Accommodation-Policy-Sections-6-5-through-6-7-2-pdf.pdf

Buying Information


Thredbo is in the heart of the Kosciuszko National Park. The National Parks and Wildlife Service administers the lease area on behalf of the State Government, the landlord. Kosciusko Thredbo P/L, KT, (a wholly owned subsidiary of Amalgamated Holdings, a publicly listed company on the ASX) is the head lessee. You, the individual property owner are therefore a sublessee of KT. KT are your "local council", and provide all municipal services including water and sewage for an annual "bed license" payment. 

Their responsibilities are clearly set out in the sub-lease document which also details things like the term of the lease, options to renew the lease, and your responsibilities under the sub-lease. The 50 year option to 2057 was taken up by KT, and new 50 year sub-leases are now mostly registered for all the individual properties in Thredbo (thus all properties have individual Lot and Deposited plan numbers); so make sure you find out where the properties you are examining are at, and 'get your head around’ the leasehold issues. This makes it easier to finance the purchase under 'new' Torrens Title arrangements. 

Outside the Kosciuszko National park, normal Torrens and Strata Title applies. In our experience, nevertheless, we have found that dealing with good local solicitors is generally a more expedient way of dealing with conveyancing matters in the local area.