Posted by:
maxxedout
(
)
Date: November 07, 2016 11:11PM
Was driving through Pakenham, a south east suburb of Melbourne (Victoria) Australia and saw a for sale sign on the Pakenham ward building. I had no idea the church rented large buildings. I knew they rented some of the smaller facilities when there wasn't the membership but this ward once met at the stake centre at Narre Warren so I'd assumed that moving a ward called Pakenham into its own suburb/town would have meant they moved to their own permanent ward building.
The advert is at
http://gerardcollins.com.au/property/show-property/?listing_id=418703 and while you can't see a sign stating it is an LDS ward I can confirm it is. Looks like the church is paying $180,000 a year rent and it is for sale for $3mil so a yield of 6% plus the church pays outgoings. The church is renting it until May 2021 so no idea what they will do then.
Pakenham is not an affluent town so I can't imagine they'd even bring in that much in tithing to cover rent. No idea why they would have relocated from a rent free location unless too many people were complaining about the 25km trip to the stake centre.
Anyway, just thought it was interesting the church was paying so much for the building