New home purchased for churchwide bodies
A five-level building in the Adelaide CBD will become the new home for Australian Lutheran College (ALC) and the Churchwide Office.
The building is located at 139 Frome Street, Adelaide, in close proximity to Bethlehem and St Stephen’s Lutheran churches. Ample parking for visitors and staff is available onsite and within 200 metres.
The acquisition of this property follows the sale of the LCANZ’s properties in North Adelaide for a net price of approximately $52.5 million, which was above market valuations.
The purchase of the building is expected to provide benefits in working more closely on mission and ministry and sharing common facilities, as well as streamlining some back-of-office operations. The new premises are also expected to provide the opportunity for other church entities to co-locate.
Parts of the building are currently tenanted, and this is expected to continue, providing an ongoing income stream for the church.
Settlement on the property is due at the end of November when work will commence to fit out the floors to be occupied by LCANZ bodies. MPH Architects has been retained as the firm to design the workspaces in consultation with representatives of ALC and the Churchwide Office. The project is being overseen by Tony Materne, a director of MPH and member of St John’s congregation, Unley.
The purchase has been funded through LCANZ reserves and deposit monies from the sale of the North Adelaide properties. The majority of the proceeds of the sale are payable in July 2026.
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