The Samian Brotherhood of Sydney & New South Wales ‘Lykourgos’ have acquired a dual-level property located at Kingsgrove for $3.9 million.
The asking price for the property was $4.5 million. It is situated at 61-65 Kingsway, Kingsgrove and offers easy access for the Samian community to enjoy events.
In a letter to members, President of the Samian Brotherhood Emanuel Valageorgiou said the property was purchased on May 1, 2024 after thorough inspections and negotiations.
Mr Valageorgiou said the ground floor of the property would be renovated to be used as the new headquarters of the Samian Brotherhood.
“Expect a modern, open-plan design that caters to our meetings and activities. Plus, there’s a covered outdoor area at the back for those warmer days,” the Samian President said.
Mr Valageorgiou said the upper level of the property is currently leased to an accounting firm and will ensure steady rental income.
“We can’t wait to invite you to our new home,” he added. “Thank you for being part of this exciting chapter in our organisation’s journey. Your support and enthusiasm mean the world to us.”
