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Bankrupt pub baron Jon Adgemis loses Rose Bay property windfall
Summary by Greek Herald
1 Articles
1 Articles
Bankrupt pub baron Jon Adgemis loses Rose Bay property windfall
Broke Sydney pubs entrepreneur Jon Adgemis missed out on a major property gain after lenders seized his Rose Bay home, preventing its sale as part of a lucrative super site development. The home at 2A Conway Avenue was part of a multi-property site in Rose Bay, estimated to have sold for over $80 million, set to be redeveloped into a 70-apartment luxury complex by Mathieson Property. Adgemis and his mother had bought the house for $4.45 million …
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