submitted by Sunday Telegraph on 08.11.2015
Sunday Telegraph, November 8, 2015 page 12
Photograph: The large crowd that turned out for the auction of The Rio milk bar in Summer Hill. Picture: Sam Ruttyn
In its heyday it was the go-to place for greasers, lured by a jukebox full of hits and a steady stream of milkshakes — but the site of famed Summer Hill milk bar The Rio will get a new injection of life after selling for a figure around the $1.7 million mark.
The property at 126 Smith St sold today to the underbidder at an earlier auction, after the initial winning bid of $1.765 million fell through, and it is believed that the new owner secured the property for just under that figure.
Listing agent Michael Garcia from LJ Hooker refused to disclose the sale price but said it was “over the reserve”.
He said the price guide during the campaign had been $1.2 million-plus.
Rob Trovato from Auction Services auctions off the iconic milk bar in Summer Hill. Picture: Sam Ruttyn
Locals watch the auction from across the road. Picture: Sam Ruttyn
The new owners Tom Alegounarias and Annetta Tourta said they were planning to lease the property out.
“We hope the character of the building will be maintained,” Mr Alegounarias said.
New owners Tom Alegounarias and his wife Annetta Tourta plan to lease out the building. Picture: Sam Ruttyn
The property had been owned by local icon George Poulos, who died earlier this year, aged 92.
Known to his family as “the General”, Mr Poulos fought in World War II and opened the milk bar with his father Philip after moving to Sydney from Greece in 1952.
His son Nick Poulos said he will miss the store.
Brother and sister Nick and Aphrodite Poulos after the auction.
“I'm delighted naturally and very happy that it’s sold to a Greek family with a similar background,” Mr Poulos said.
“I’ll miss reliving the memories and visiting our dad and doing the shopping with him and coming back watching old TV shows and movies.”
George Poulos and his son Nick in a photo taken in 2013. Picture: Philip Blatch
Mr Poulos’ father opened the store every day, except for Sundays, for 63 years.
“The milk bar was just like the Happy Day series and I was the Fonzo,” Mr Poulos said.
"Delei" - Harris / Bambakaris / Vamvakaris - Vamvakarathika
one of the best kept beach secrets of the island on the way to karava and down a dirt track...
lovely old byzantine church near the village of potamos
traditional kytherian spalatta dancers at the potamos dance , 15th august in the platia
About 5 minutes into the program Ada Margariti, who is an Attorney at Law, speaks about how she came to...
Interviewed during his visit to Australia, 2013.
August 17, 2010
103.2 HOPE - radio station
You’ve heard of PhDs in science, medicine and education but have you...
Teacher, journalist, poet and author, Sydney NSW Australia
kythera we dont see anymore, this photo was taken in the early 80s, when it wasnt uncommon to see this...
26.04.2019 (Message Board)
Hello to all,
I am trying to find out any information about my grandfather who I...
11.04.2019 (Message Board)
Ε[ΘΥΜΩ ΣΤΟΙΧΕΙΑ ΓΙΑ ΤΗΝ ΟΙΚΟΓΕΝΕΙΑ ΚΩΣΤΑΝΤΙΝΟΥ ΚΑΙ ΑΝΤΩΝΙΑΣ ΑΡΩΝΗ ΑΠΟ ΤΑ ΑΡΩΝΙΑΔΙΚΑ ΑΝ ΥΠΑΡΧΟΥΝ
01.02.2019 (Message Board)
Hora is at south Kythera near the castle and Kapsali. The office is situated next to the...
21.01.2019 (Message Board)
Thanks Tina. What/where is Hora office.