Bible College of Victoria Reaps $8.525 Million From Sale of Long Time Lilydale Campus
THE BIBLE College of Victoria has amassed $8.525 million from the sale of the Lilydale site it has used as its main campus for more than 30 years.
The college split its prominent college into three, before listing it for sale earlier this year.
In the biggest sale, Mount Waverley based property services business Three Pillars paid $5.9 million for a 4.1 hectare main campus site. It plans to refurbish existing buildings into residential accommodation – most likely a mix of apartments, units and townhouses.
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