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

The power of scrap paper: A soldier’s Battle of Crete journey resurrected

Anthony’s journey into the stories of Crete’s wartime past began with a discovery linking his family to the Greek-ANZAC alliance of WWII.

Sydney’s best Greek restaurants for an authentic Mediterranean feast

Sydney’s Greek dining scene is thriving, offering everything from classic souvlaki to elevated Mediterranean feasts.

Andrew Cochineas sets Mosman record with $50 million mansion purchase

Andrew Cochineas and his wife Lisette have emerged as the buyers behind Mosman’s record-breaking $50 million mansion sale.

Greece unveils its first humanoid robot for factory work

Greece has taken a step into advanced robotics with the creation of the country’s first domestically developed industrial humanoid robot.

Pontic Greek genocide to become part of Cyprus school curriculum

Public schools across Cyprus will officially teach and commemorate the genocide of the Pontic Greeks.

You May Also Like

Vasili’s Taxidi: Sentas Bros Fruit Shop – the larger-than-life character of Tony Sentas

One of those shops was the famous ‘Sentas Bros Fruit Shop’ which was run by Andonis and Yiannis Sentas for forty five years

Federal Court rules against Jason Karas in multimillion-dollar partnership dispute

The Federal Court has found Adelaide lawyer Jason Karas engaged in a “dishonest and fraudulent design” to establish a global legal venture.

McDermott Aviation deploy aircraft from Australia to Greece ahead of fire season

As the fire season gets underway in Greece, six McDermott Aviation B214 ST aircraft have been deployed from Australia to Europe.