The Archdiocese of Melbourne has paid $36 million for a building near St Patrick's Cathedral as a new home for its administration, reports The Age.
The building, known as Industry House in East Melbourne, is a Corinthian-portico-fronted building, built in the 1860s and a city landmark. It has been the residence of the Victorian Employers' Chamber of Commerce & Industry for 12 years.
Archbishop Hart will consolidate the Church's sprawling administration, currently spread amongst a number of private tenancies, into the one building, which is only a few hundred metres from St Patrick's.
"Of special appeal to the Archdiocese is the central location of the building so close to St Patrick's Cathedral and other nearby Catholic services," a Church spokesman said.
VECCI, meanwhile, plans to use the windfall gain to finance its own expansion to another CBD location.
The $36 million sale is a record for East Melbourne.
Catholic Church buys VECCI Industry House, East Melbourne offices (Property Observer)