US EditionCyprus Community of NSW members clash with Administrators over $55m property sale
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Cyprus Community of NSW members clash with Administrators over $55m property sale
A heated members’ meeting was held on Tuesday evening, July 29, as tensions boiled over between members of the Cyprus Community of NSW and its voluntary administrators from EY Australia, following confirmation that the Community’s Stanmore property had been sold to developer Conquest for $55 million plus GST. The property, which spans nearly one hectare and includes the Club, car park, and adjacent properties, was sold without a vote of members …
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