The site of the iconic Olympia Milk Bar in the inner west Sydney suburb of Stanmore has gone up for sale for the first time in over 60 years.
The 214 square metre site at 190 Parramatta Road, Stanmore is being advertised by Raine & Horne Commercial as a prime “rebuild” and “redevelopment opportunity.”
“The zoning and building controls allow for a multitude of uses and redevelopment options. The property will appeal to a wide range of owner-occupiers, investors, and builders/developers,” the website reads.
This comes despite the building being listed on the NSW Heritage Register and its history recognised under the Marrickville Local Environmental Plan.
The site was once home to the Olympia Milk Bar, which was first opened in 1939 by Nick Fotiou.
The milk bar fell into disrepair in 2017, with a ceiling collapse and extensive mould from a missing window. NSW Health and Inner West Council boarded up the landmark building, but Mr Fotiou stayed on the site in the hopes council would allow him to reopen.
In 2021, Mr Fotiou moved out of the building after concerns for his living conditions. He is now said to be living in a nursing home.
