North Adelaide property sale attracts strong interest

The sale listing of the church’s North Adelaide properties – occupied by Australian Lutheran College (ALC) and the LCA Churchwide Office – has attracted local and international interest from a wide range of potential buyers.

Property inspections have been well patronised since the unique 1.9-hectare site was listed on the market in late March. Expressions of interest close on 15 May.

ALC has moved to a distributed learning model meaning the current site is no longer suitable, therefore the LCANZ’s General Church Board decided to place the properties on the market. While the facilities are no longer fit for purpose and sections are no longer used, the annual cost of maintaining and insuring the overall site is approximately $500,000 for ALC and the Churchwide Office.

Already more than a decade ago, it was understood that the ALC and Churchwide Office sites were unsuitable for a changing church and a plan to redevelop the church’s North Adelaide properties was endorsed by General Synod. However, after extensive effort and significant expense over a lengthy period, the plan did not proceed.

The proceeds of any sale are planned to be used to secure a property that will better serve the people and ministries of the church into the future, as well as to provide income to support mission and ministry.