Melbourne’s Catholic Church is selling additional properties in East Melbourne, with reports saying the latest sales total about $30 million. All three outlets describe the transactions as part of a broader property offloading program affecting a block between Lansdowne Street and Morrison Place.
The church has sold almost an entire row of properties along that stretch, according to the reports. While the articles focus on the value and location of the sales, they do not provide detailed information on individual buyers, specific addresses involved, or how proceeds will be used. The coverage aligns on the scale of this particular round of sales, indicating that the church continues to reduce its property holdings in the area.
Overall, the reporting presents the sales as ongoing rather than isolated, with this latest set of transactions bringing the church’s divestment activity in East Melbourne to another step.