The first section at St Paul's Church 11,000 square metre site has been sold, with demolition of the buildings likely to start in February.
Timaru businessman Kevin Pateman bought the church last month and lodged a resource consent application with 14 titles between 550sqm and 1100sqm.
Mr Pateman said a 550sqm section was sold at an open day on Saturday while there had been expressions of interest in several land parcels.
He plans to hold another open day after Christmas with church ornaments and fixtures on the market in the new year.
The church buildings would probably be demolished in February, Mr Pateman said. Public response to the open day was overwhelming.
"We had a very good response with numbers of people; we have five leads with three of them for 1000 and 1100sqm sites."
Timaru's Presbyterian Parish put the church and grounds on the market in August after a rationalisation of properties, following a merger.
A congregational meeting in March voted 82 per cent in favour of the sale of St Paul's and Chalmers Church. It has been estimated Chalmers would cost $1 million and St Paul's up to $800,000 in earthquake strengthening work.
Parish clerk Ken Falconer said the inner-city Chalmers site was still for sale.
- The Timaru Herald