Developers bow out as church site changes faiths
An Embleton church site which was being circled for its development potential has remained in religious hands.
LJ Hooker Commercial Perth confirmed the sale of the 4,025sqm site, which was the home of the Jehovah’s Witnesses Kingdom Hall, to a Hindu faith spiritual group, this week. Following an Expression of Interest campaign, the freehold site changed hands for $2,175,000 plus GST.
The Shree Swaminarayan Sidhant Sajivan Mandal Perth INC – part of the Maningar Shree Swaminarayan Gadi Sansthan – is a local not-for-profit incorporated religious association and charity.
The association has a legacy in Perth that dates back two decades, when families from East African including Kenya, Tanzania and Uganda migrated to the city and began holding religious services in private dwellings.
LJ Hooker Commercial Perth’s Principal Vincent Siciliano said the group had undergone growth in membership and a standalone facility had been on the shopping list of its leaders.
The Kingdom Hall on site included modern improvements across approximately 700sqm of the property.
“The group will re-launch the former Kingdom Hall as the ‘Shree Swaminarayan Gadi Temple, Embleton’,” said Mr Siciliano. “It will better accommodate the growth of the group, facilitate greater awareness and host influential members when they visit from India.”
Mr Siciliano said the EOI campaign had elicited strong enquiries from private developers and syndicates.
“The site offered potential for 11 lots with the local planning scheme allowing for a minimum lot size of 300sqm. It was particularly attractive because it had dual street frontage to Irwin Road and Gaull Place,” said Mr Siciliano.
“But when yields and project estimates were considered, it was difficult for developers to compete against the offer of the eventual purchaser.”
Mr Siciliano did, however, say that developers were keenly scouting out new sites in readiness for the recovery of the local residential market.
Following the sale of the church site, LJ Hooker Commercial Perth has now been appointed to sell a second Jehovah’s Witnesses Hall at 44-46 Chelsea Court, Dianella.
Mr Siciliano said: “Chelsea Court will no doubt catch the eye of the developers as it is ideally situated. However, we could also see another religious group purchase the facility, as we’ve just seen at Embleton.”
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