What was once the best Greek cake shop and cafe on Lennox Street, Hellas Cakes has been listed for sale with vacant possession, Sydney Morning Herald reports.
The legendary Greek cake shop has been trading near the corner of Swan Street since 1962, founded by Iraklis Kenos, with George Laliotis and George Kantaras joining in the 1970s.
Iraklis was a practising pastry chef in Greece when he decided to move to Melbourne and start his own business. Keeping his traditional recipes, he managed to attract curious Australians and homesick Greeks.
The owners and operators of the cake shop – descendants of the two Georges – converted it into a cafe in 2012, but are now calling time on their baklava and boureki.
Hellas Cakes has been a second home for many Greek-Australians, being one of the biggest suppliers of koliva and sperna at Greek funerals and memorials.
The 330 sq m shop is on two titles and two street frontages at 322-324 Lennox Street and 17 Botherambo Street at the rear.
Teska Carson agent George Takis is handling the August 27 auction. It is likely to sell in the mid-$3 million range.
Source: Sydney Morning Herald
