Melbourne’s Catholic Church offloads another $30m in property
The Catholic Archdiocese of Melbourne has sold several properties in East Melbourne for approximately $30 million. This includes a row of terraces on Albert Street, opposite St Patrick's Cathedral. The archdiocese plans to sell the James Goold House next, which is valued at around $20 million.
- ▪The church has sold properties lining the block between Lansdowne Street and Morrison Place.
- ▪James Goold House is the next property slated for sale, with a price tag in the mid-$20 million range.
- ▪Recent sales include several terraces, with prices ranging from $2.53 million to $2.7 million.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at The Sydney Morning Herald.