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

‘Top dollar’ Easter seafood as Australia-EU deal boosts exports to Europe

Australians are being warned to expect higher seafood prices this Easter as demand rises and exports expand under the new Australia-EU FTA.

Five Greek microsatellites successfully launched into orbit aboard SpaceX rocket

Five Greek microsatellites were successfully launched into orbit on Monday aboard a SpaceX Falcon 9 rocket from California.

‘Days ahead may not be easy’: Albanese gives rare national address amid fuel crisis

PM Anthony Albanese has urged Australians to use public transport where possible and conserve fuel as the global oil crisis continues.

‘Your pain is real’: Marina Kyriakou’s fight to change the future of endometriosis care

Marina Kyriakou is turning her lived experience with endometriosis into a powerful national voice for women demanding to be heard.

Hellenic Village sale enters critical phase as proceeds and priorities come into focus

Hellenic Village’s land sale moves into a decisive phase, as member organisations weigh how proceeds will shape the community’s future.

You May Also Like

Andrew Liveris says Brisbane 2032 will learn from Milano Cortina challenges

Brisbane 2032 president Andrew Liveris acknowledged budget pressures for the Games, citing the dispersed venues across Queensland.

Olympic Rings and Paralympics Agitos arrive in Queensland ahead of Brisbane 2032

The Olympic Rings and Paralympic Agitos officially called Australia their new home and thousands celebrated 9 Years to Go to Brisbane 2032.

A ray of hope in the gloom of war: The Palestinian Santa Claus of Jerusalem

In a setting synonymous with dystopia, the colour of the Palestinian Santa Claus in Jerusalem is an imperceptible ray of optimism.