jump to navigation

Sydney to sell archbishop’s residence: The Church of England Newspaper, September 6, 2013, p 6. September 12, 2013

Posted by geoconger in Anglican Church of Australia, Church of England Newspaper.
Tags:
trackback

Bishopscourt, the residence of the Archbishop of Sydney will be listed for sale this week with an expected asking price of £14.5 million.

The landmark 6216 sq m property on a hilltop in Darling Point was built in 1841 and acquired by the Church of England in 1910 for £6750. Over the years the property was expanded with a chapel, formal gardens and reception rooms added to further the work of the archbishop.

Calls to sell the Gothic mansion had been raised in the diocesan synod for the past 50 years, and in 2010 a motion to sell the property to help recoup the diocese’s losses in the global financial meltdown were rebuffed by a vote of 249 to 218. Support for retaining the property was found amongst those who objected to disposing of the diocese’s patrimony and by those who believed that selling in the midst of a depression was not good stewardship.

However at the 2012 meeting, the Synod voted by a two thirds majority to sell the property. Proceeds from the sale will be used to build a new residence for the archbishop and to further the work of ministry in the diocese.

An Australian real estate website Domain.com.au reported there was interest in the property among potential buyers. It quoted estate agent Craig Pontey as saying: “The prestige market has bounded back strongly this year which is why we’re confident of getting more than $25 million.”

%d bloggers like this: