Palesviaki Enosis of Melbourne and Victoria sell Bayswater property for close to $7 million

·

By Bill Roumeliotis

The Palesviaki Enosis of Melbourne and Victoria flipped a page in its history books on Sunday, 18 February.

In the presence of about 100 members and in a united atmosphere, the President of the Palesviaki, Yiannis Karanikolas, announced their property at Bayswater had been sold for $6.8 million. 

In his speech to members, Mr Karanikolas first thanked the Lesvian lawyer Peter Mitrakas for the difficult work he undertook in negotiating the sale.

Mr Karanikolas added that the sale of the property was an emotional moment in the Association’s history. The club had been a gathering place and entertainment venue for Melbourne’s Lesvian community for about 43 years, but the area and the age of the venue were financially loss-making.

Panlesvian Union
The Bayswater property.

The President said the club only managed to survive thanks to the hard work of the Committee and volunteers.

Mr Karanikolas said the multi-million dollar funds from the property can help build a modern building that can satisfy the demands of the members and friends of the club, and ensure it has a future for the next 100 years.

Mr Karanikolas said that by the end of April the sale of the property will be completed and then the finding and purchase of a new building will begin.

The announcement of the sale brought satisfaction and was applauded by all members present.

Share:

KEEP UP TO DATE WITH TGH

By subscribing you accept our Terms of Service and Privacy Policy.

Latest News

Questions surround sudden exit of St Euphemia College principal Penny Pachos

The Greek Herald can exclusively reveal that St Euphemia College principal Penny Pachos is no longer employed by the College.

A century in print: The Greek Herald celebrates 100 years at NSW Parliament

There was something fitting about The Greek Herald celebrating its 100th birthday inside NSW Parliament House.

Giant Cretan Lyra set for Guinness World record recognition

A massive Cretan lyra has been unveiled in southern Crete as its creators pursue a Guinness World Records title.

Mark Bouris shares his plan to live to 100

Businessman Mark Bouris says his goal of living to 100 is driven by family, health and science-backed habits rather than extreme biohacking trends, according...

Jo Boutros loses 40kg and launches healthy eating guide

Balancing family responsibilities, university, and three jobs, she developed unhealthy habits and struggled with binge eating in secret.

You May Also Like

Criminologist Andy Kaladelfos calls for re-evaluation of how justice handles sexual crimes

Criminologist Andy Kaladelfos is blunt in their assessment of how Australia's justice system deals with sexual offences

Dr Andonis Piperoglou shares his vision with the Greek Community of Melbourne Board

The Greek Community of Melbourne’s Board of Management welcomed Dr Andonis Piperoglou, at the Greek Centre on Monday.

Athena Razos jailed for stealing over $1.56 million from Melbourne law firm

Victorian County Court has sentenced Athena Razos to 5 years 3 months' jail after stealing over $1.56 million from a Melbourne law firm.