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Bankrupt pub baron Jon Adgemis loses Rose Bay property windfall

Summary by Greek Herald
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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Greek Herald broke the news in on Wednesday, December 17, 2025.
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