The Hollywood Drive site was deserted about 15 years ago except for the giant yellow slide and the big boot that were children's favourites during the park's heyday in 1980s.

WOULD YOU LIKE TO SEE MAGIC KINGDOM COME BACK?

The amusement business took a beating in the 1990s, and a succession of popular fun parks closed down around Sydney including Wonderland in 2004.

But the idea of a local theme park hasn't left the mind of Prestons-based businesswoman Julianne Cusumano and her amusements company JVPlay.

"It would be great to see Magic Kingdom come back to life," she said.

"We have a few projects in the works at the moment that we would love to see take shape in south-west Sydney."

Fairfield Council is also behind the idea with Mayor Nick Lalich saying the council would happily support an amusement park in the area.

"The council welcomes any leisure and recreational projects to the area that will enhance tourism and economic development opportunities, as well as increase the range of facilities available to residents," he said.

Whitlam Library's local history librarian Marilyn Gallo said she remembers the theme park well.

"I remember the picnic grounds, the waterslides and the pond. It was always a really good family day out," she said.

Mrs Gallo said a new amusement park in the Fairfield area would be great for families and local businesses.

"We don't have anything like Magic Kingdom around here for the kids anymore," she said.

"A theme park that was inexpensive and close to home would be ideal for this area."

The Magic Kingdom site has been for sale for a number of years and has even been to auction but Gavin Bishop from Colliers International said the site has failed to sell "due to a lack of interest".

Former Magic Kingdom employee John Lyons said it hosted more than 1000 guests every weekend during the summer months, but the site was flood-prone and the business had been unsustainable during winter.

"It was great fun working there and I really enjoyed it but winter time was really bad for business," he said.

DO YOU HAVE PHOTOS OF MAGIC KINGDOM - WE'D LOVE TO SEE THEM AND PUBLISH THEM ON THE WEBSITE.