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.

Advertisement

Share:

KEEP UP TO DATE WITH TGH

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

Advertisement

Latest News

Ignite the Flame: AHEPA Australia champions Greek language at Blakehurst High

The Hellenic spirit was alive on June 13 as AHEPA Australia hosted an evening celebrating Greek language education at Blakehurst High School.

Tradition and youth celebrated at Laconian Federation of NSW event

The Laconian Federation of NSW brought the spirit of tradition and pride in youth together on Sunday, June 15, with a special event.

Greek and Jewish communities unite in Sydney to honour WWII heroines

Hellenic Lyceum of Sydney, in collaboration with the National Council of Jewish Women Australia, held a presentation on Greek WWII heroines.

Hellenic Club of Sydney saddled with $1.6m wedding debt after Adgemis’ pub group collapsed

Hellenic Club of Sydney was left with a $1.6m wedding deposit bill after collapse of its operating partnership with Jon Adgemis’ pub group

Archbishop Makarios of Australia meets with Greece’s Health Minister

His Eminence Archbishop Makarios of Australia met with Greece’s Minister of Health, Adonis Georgiadis, in Athens on Thursday, June 12.

You May Also Like

Vow Foods co-founder George Peppou sees potential in Future Made In Australia plan

George Peppou says building a manufacturing hub in Australia can have its advantages, hoping the budget will show manufacturing investments.

Remembering the life of businesswoman Christina Onassis

Christina Onassis died at the age of 37 after living a life of tragedy, including the death of her father, Aristotle Socrates Onassis.

Australian-first humanitarian engineering program expanded until 2030

New funding will support an Australian-first project that brings together engineering students and diverse communities in search of solutions.Â