Church block sells for $1M
A 4000 square metre block in Morris St, Umina, formerly owned by the Catholic Church, has sold at auction for $1 million.
The property was bought from the Catholic Church by an investment syndicate in 2006 for $2.77 million.
The property, in two lots, is zoned 2b medium density residential and is located about 2.5 kilometres from Umina shops.
The property was sold at auction by Ray White Gosford.
Newsletter, 22 Apr 2011
Edgar Adams, Central Coast Business Review