Church

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A church conversion trophy home near Daylesford, Victoria is under offer.
Built in 1884 by Giacomo Sartori, it comes with a striking adjoining building next to the conversion.
The <a href="https://www.realestate.com.au/property-house-vic-daylesford-122570214" target="_blank">2 Righetti Lane </a>property is a former Catholic church that closed in 1993, then fell in to disrepair at Yandoit.
A local builder purchased and restored the property to its original grandeur, and added a two storey wing.
He retained the original features including gothic windows and high-beam ceilings.
The extension has three bedrooms and a handcrafted floating timber and steel staircase.
A large deck looks over the 2000 sqm land parcel.
The property is under offer through hockingstuart agents Mark Smith and Mark Timmins.
It was advertised with around $980,000 price expectations.
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jchancellor-FAypfDUnLy

Trophy church offering at Daylesford under offer

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The deconsecrated Immaculate Conception Church at Muttama in the New South Wales Riverina sold for $55,000 at auction earlier this year.
It was bought by the Wired Lab, a not-for-profit organisation on a mission to connect rural communities with the arts through workshops.
It was marketed through Flemings agents, Chris Ryan and Janet McAtear, as "perfect for a restoration project for community groups or even a private home!"
There were nine registered bidders with three participating.
<a href="https://www.realestate.com.au/property-other-nsw-muttama-132780034" target="_blank">The 150 sqm wooden church</a>, which sits on 0.4 hectares, held its last service in October 2018.
The church was opened in 1902 by Bishop William Lanigan who was at the fore of Irish Catholicism.
Set 24 kilometres south of Cootamundra, and three hours 45 minutes from Sydney, Muttama is a rural community in the central east part of the Riverina.
The Uniting Church sold their church in 2010 for $32,000.
The name Muttama is derived from the local Aboriginal word meaning "like it" or "take it".
 
 
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j.ballantyne1990-6AQqhLzZaK

Historic Catholic Church in Muttama sold for $55,000

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A Brisbane based passive investor has purchased a former Church site in Maroochydore from long-time local owners for $1.85 million. 
The initial yield achieved was approximately 6% on estimated net income.
Located at 22-26 Beach Road, the 1,551sqm site offers approximately 470sqm of lettable area.
It is positioned on the corner of Beach Road and Duporth Avenue, directly opposite Mosaic’s new six-star 86 apartment residential project ‘Avalon’. 
The property is occupied by long term tenants Coast Life Midwifery who recently signed new 5-year leases over the church and former hall building, a further lease was in place to popular Beach Road Coffee Co. 
The deal was negotiated by Jason O’Meara of Savills Australia.
“This is a strategic parcel of land with excellent exposure and sound holding income until further development options present in the mid to longer term,” O’Meara said. 
The immediate precinct has undergone recent ‘urban renewal’ with the newly completed ‘Rhythm on Beach’ development next door now also branded ‘Direct Hotels’ and Mosaic’s boutique development under construction on riverside plus the commercial building Eight Maroochydore Road with roof top bar completed in 2019. 
"There is a lot of activity and energy in Maroochydore at present with several cranes in the air which is a great sign", O'Meara said.
“As a result of the State Government having designated Maroochydore as the Sunshine Coast’s Principal Activity Centre, Maroochydore will be the main focus of development for the next 10-15 years as significant projects unfold in the area”, he said. 
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Former Church site sells in Maroochydore for $1.85 million 

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A former Newtown, Sydney church has hit the market with $2.25 million plus hopes.
The 158 Australia Street offering has been listed through BresicWhitney Glebe agent Chris Nunn who says it was suitable for a single residential conversion or a multi-unit development or subdivision. 
It comes with direct access to one of inner Sydney's popular parklands, the Camperdown Memorial Rest Park from its 256sqm residential zoned holding.
Behind its striking brick facade, it retains original industrial warehouse elements.
It was the church of the Four Square Gospel. The property goes to July 4 onsite auction. 
Last weekend investment banker Alastair Walton bought a Leichhardt warehouse paying $1.55 million for the former sign warehouse property, at 26 Mackenzie Street.
BresicWhitney recently sold another warehouse – with a heart-shaped swimming pool – in Davies Street, Surry Hills for $7.55 million, a suburb record. 
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Empty Newtown warehouse church for July auction

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A former Newtown, Sydney church which hit the market with $2.25 million plus hopes sold at auction today for $2.55 million.
Tibetan Buddhist meditation monks were the buyers with plans for a temple.
Sydney's overall auction result sat at 83.3%, compared to the adjusted 80.2% last week and 69% on the same Saturday last year, according to APM. 
The 158 Australia Street offering sold at auction with five registered bidders through BresicWhitney Glebe agent Chris Nunn <a href="/expert-insights/investing/43682-empty-newtown-warehouse-church-for-july-auction" target="_blank">who suggested it was also suitable for a single residential conversion or a multi-unit development or subdivision</a>. 
It comes with direct access to one of inner Sydney's popular parklands, the Camperdown Memorial Rest Park from its 256sqm residential zoned holding.
Behind its striking brick facade, it retains original industrial warehouse elements.
It was the former church of the Four Square Gospel. The property was listed by investor Theo Onisforou who paid $1.9 million, plus gst, in February this year. 
Last month investment banker Alastair Walton bought a Leichhardt warehouse paying $1.55 million for the former sign warehouse property, at 26 Mackenzie Street.
BresicWhitney recently sold another warehouse – with a heart-shaped swimming pool – in Davies Street, Surry Hills for $7.55 million, a suburb record. 
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Sydney's 83.3% auction clearance rate as Tibetan monks buy former Four Square Gospel church in Newtown 

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A historic former church in Essendon has been sold for $1.45 million through CBRE's Joshua Twelftree, David Minty and Sandro Peluso.
The 1003 Mount Alexander Road 267sq m site features a 1870s gothic-style church.
A private local medical practitioner bought it from a private investor to use as a medical facility.
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Medico buys former Essendon church premises

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The iconic Wentworth Memorial Church in Vaucluse, one of Sydney's most historic landmarks, has been listed for sale by the Anglican Church.
The <a href="https://www.realestate.com.au/property-house-nsw-vaucluse-125550462" target="_blank">church, built in the 1960s</a> as a memorial to the fallen soliders of the Second World War, sits on a near 2,000 sqm parcel that dates back to 1827.
It was part of the estate of noted colonial explorer, poet, journalist and politician William Wentworth and his family who developed the estate.
Worship ended at the church in 2006.
The heritage listed church on Fitzwilliam Road features loft interiors with ceiling height up to 40 feet at its peak.
 
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The Wentworth Memorial Church is widely considered to be the finest surviving work in the Sydney School style of the important mid to late Twentieth Century architect Donald Gazzard.
Gazzard was the inaugural winner of the Wilkinson Prize for domestic architecture in 1961 for his Hunters Hill home and was regarded as a prominent figure in the field of architecture.
Gazzard, who worked on the Martin Place Pedestrian Precinct and Sydney University eletrical engineering building, now lives in Melbourne.
He had worked with Harry Seidler as a draftsman in the early 1950s. Well-known architect Richard Leplastrier helped Gazzard build the church.
The rocky outcrop where the church is now located was a favourite spot for Wentworth to view his estate and was also where he chose to be buried as evidenced by the Wentworth mausoleum on the opposite side of this outcrop.
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The property currently has two bedrooms and two toilets, but no full bathrooms.
McGrath Edgecliff agent William Manning has a $5 million to $5.5 million price guide.
Inquiries have come from builders and developers with a more commercial focus, as well as organisations and individual buyers.
In 2010 the church won its appeal in the NSW Land and Environment court to subdivide the land after the Woollahra Council rejected the application from the church.
Gazzard noted on his website that the unrealistically large size of the church, which has created the current situation, was always going to become an issue. 
"The Diocesan brief was simple;  'A church of contemporary design to seat 350 people which conformed to the liturgy and form of worship of the Church of England'.  
"The Anglican hierarchy based the size on two optimistic assumptions. 
"The first assumption was that tall blocks of flats would be permitted along the ridge at Vaucluse as Sydney expanded, and secondly, an unspoken assumption  that there would be a religious revival and a church of this size would be needed for all these extra people."
But as a consequence of an ageing and dwindling congregation, the church was closed, <a href="https://www.dongazzard.com/publications/articles/wentworth-memorial-church.aspx" target="_blank">he noted on his website.</a>
 While I'm proud of the design, I hesitate to suggest that you visit the church in its present sad state. 
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jrobinson-rf4aSBido9

Iconic Wentworth Memorial Church in Vaucluse for sale

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A Newtown estate agent outbid several religious groups to secure the 145-year-old church in Redfern at auction yesterday.
Jim Markakis, the principal of Richardson and Wrench Newtown, bid $3,725,000 for the former church as an investment for his family.
The price was $725,000 more than the reserve price for the 360-square-metre property, which came with heritage listing.
He will put it to tender to work out who’s the best tenant and the best use for the building.
There were nine groups seeking the 1872 Victorian, Gothic-style church that was offered by the Uniting Church.
The property at 118 Regent Street, Redfern has been used by the Tongan Parish for more than 20 years.
The congregation had moved to a new church in Marrickville.
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Estate agent buys Redfern Uniting church

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A heritage-listed church in Sydney’s inner suburb of Redfern has been listed for auction with expectations of between $2.5 and $3 million.
The Uniting Church is selling the Tongan Parish church at <a href="https://www.commercialrealestate.com.au/property/118-regent-street-redfern-nsw-2016-2013759335" target="_blank">118 Regent Street, Redfern</a>, as maintenance is becoming expensive.
The Gothic-style church, built in 1872, will go to auction on September 6 through CBRE.
The site is zoned B4 mixed use and the zoning allows for education, commercial or residential use.
The listing agents are Peter Vines and Stephen Grant of CBRE.
“This Victorian Gothic Church is an extremely unique opportunity within South Sydney, as it’s zoned B4 mixed use, so it will suit savvy owner occupiers, investors and developers,” Grant was quoted as saying by Fairfax Media.
Vines said the ”striking architecture and the proximity to the city” made it ”unique”.
“It would be an unbelievable creative office space for the right person,” he said.
The floor area is 360 sqm.
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The site also had rare ‘place of worship’ rights which was expected to draw interest from other church groups, he said.
The Regent Street church has Local Heritage listing, meaning that its facade, wooden staircase up to the tower and wooden altar would all have to be maintained as part of new designs.
According to the heritage listing, the church took four years to build and cost £1000, which was paid for by the congregation.
It has 360 square metres of floor space, two street frontages and is 300 metres from Redfern train station. 
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Uniting Church lists Redfern church for sale

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A Collingwood church conversion has become the most expensive house to sell in Melbourne’s inner north.
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Owner-architect Ilana Kister’s house sold for an undisclosed figure between $5.8 million to $6.38 million, its price guidance range. 
Ilana Kister spent two years converting and extending the church which Nelson Alexander Fitzroy selling agent Arch Staver confirmed had achieved the highest figure paid for a single dwelling in an inner-north suburb.
The Herald Sun suggested the inner north’s benchmark reported house price had been the $5.22 million fetched by 1032 Drummond St, Carlton North in June. But it’s understood a Fitzroy property had recently sold off market for a figure above that.
The church was built in 1874-75 in a Gothic Revival style.
It operated as the Holy Virgins Protection Russian Orthodox Church from 1958.
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