Aged care mogul, Peter Arvanitis, leaves for Greece despite facing legal action

·

The Greek Australian co-owner of Epping Gardens aged care home, which is at the centre of a major class action over the deaths of 38 residents from COVID-19, has left Australia for Greece, according to The Sunday Age.

Multimillionaire Peter Arvanitis and his wife, Areti, reportedly received a travel exemption from the Australian Department of Home Affairs to attend to “essential business” in Athens, and left Melbourne about two weeks before Christmas.

Mr Arvanitis was unable to tell The Sunday Age when he would return to Australia.

“[I am] unsure of my return date, depending on business progress here and of course requirements of international travellers returning home. The plan is to be home sooner rather than later,” Mr Arvanitis told The Sunday Age.

Multimillionaire Peter Arvanitis and his wife, Areti, reportedly left Melbourne about two weeks before Christmas. Picture: Facebook.

Mr Arvanitis’s decision to leave for Greece has angered many victims of the aged care home, where 103 residents tested positive to COVID-19 and 86 staff also became infected, amid mounting evidence of poor care at the facility.

READ MORE: Report reveals new findings into COVID response in Victoria’s aged care homes.

Sam Agnello, who is lead plaintiff in a class action involving Heritage Care, told The Sunday Age he had never received any offer of condolences or an apology from the owners of the company or its management team.

Mr Agnello’s mother, Carmela, 92, contracted COVID-19 at Epping Gardens in July and died within three days of being admitted to hospital.

“[Mr Arvanitis] has never taken any responsibility or shown any compassion. We want him to come back to Melbourne and face up to the families who have been destroyed by this,” Mr Agnello told the Australian news outlet.

READ MORE: Son who lost 92-year-old mother becomes first to take legal action against Epping Gardens aged-care facility.

The deadly outbreak at Epping Gardens remains under investigation by WorkSafe and the State Coroner, who is being assisted by police detectives. 

Mr Arvanitis resigned as a director of Heritage Care in September, when media attention on his vast wealth and opulent lifestyle became a “distraction to the good work of the staff.”

READ MORE: Heritage Care director Peter Arvanitis resigns.

Aged care mogul lists his Toorak mansion:

At the same time as Mr Arvanitis has left for Greece, his mansion on Irving Road has also been listed for sale privately. The property could be sold for up to $40 million.

The property featured in the March edition of Vogue Living, which gushed about the “gluttonous trappings of wealth within a classical framework.”

READ MORE: Nursing home CEO expects ‘Golden Age’ to be over for Epping Gardens co-owners.

The interior of the Toorak mansion. Picture: Vogue Australia.

Mr Arvanitis told The Sunday Age that although he is not actively looking to sell, “everything has a price and only for a significant premiuim.”

“If I was to sell, I have several properties in Toorak and interstate I could move into. My history in real estate demonstrates this as I have sold over 60 properties in the last five years,” Mr Arvanitis said.

Mr Arvanitis, who joined Heritage Care in January 2019, was the founder and one-time director of listed for-profit nursing home giant Estia. He sold his shareholding in 2016 for $55 million and quit the company after it hit trouble.

In 2018, he also sold a shopping centre and a thoroughbred horse breeding farm, netting another $21 million.

Source: The Sunday Age.

Share:

KEEP UP TO DATE WITH TGH

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

Latest News

Inside Hellenic Village’s sale update: Millions banked, land tax clarified, future charity

Hellenic Village has confirmed millions in non-refundable funds from its Austral land sale as settlement approaches.

Music, youth and tradition mark closing of 44th Cretan Federation Convention in Sydney

The final event of the 44th Cretan Federation Convention was held on Monday, January 5, at the Mytilenian House in Canterbury,

Albanese announces Royal Commission into antisemitism after Bondi terror attack

Australia's Prime Minister Anthony Albanese has announced a federal royal commission into antisemitism and social cohesion.

Clubs finalise squads for inaugural OFC Pro League season

Player registrations for the OFC Pro League closed at 5pm NZT yesterday, marking a major milestone ahead of the historic first season.

Registrations open for 2026 Greek Community Cup Women’s Tournament

The 2026 Greek Community Cup Women’s Tournament is set to return this summer, with registrations now open for clubs.

You May Also Like

Australian rally rider finishes strong at gruelling Hellas Rally despite broken bones

Andrew Houlihan overcame a serious crash and injuries to finish strongly in the second round of the FIM European TT Rally Championship.

Greece approves multibillion dollar naval upgrade, largest in 20 years

The Greek government has approved a multibillion-dollar proposal to upgrade the country’s naval forces, the largest modernisation plan in two decades for the country.

Melbourian Mel Pateras creates lipstick range which helps women with cancer

Mel Pateras has developed her own luxury lipstick brand Meleros Cosmetics with proceeds going to help women with cancer.