Con Polites

Con Polites
Born
Constantine George Polites

(1919-03-29)29 March 1919
Port Pirie, South Australia, Australia
Died22 September 2001(2001-09-22) (aged 82)
Adelaide, South Australia, Australia
OccupationsBusinessman and entrepreneur
Known forCommercial Property

Constantine George "Con" Polites was (29 March 1919 – 22 September 2001) was an Australian businessman, known in particular as a commercial property tycoon in South Australia.

Early life

Polites was born in Port Pirie to Greek immigrant parents. He left school at 15 and became a shoe repairer, later running a delicatessen, working in a Woolworths supermarket, and managing a munitions factory during World War II. As a young man he moved to Sydney where he worked in the taxi, car hire, and catering industries before returning to Adelaide in 1959.

Property empire

Upon his return to Adelaide in 1959, Polites commenced purchasing cheap city buildings, renovating them and leasing them out to migrants. Establishing the Princes Group, Polites became one of the most visible property owners in South Australia by erecting blue and white "Polites" on most of the properties owned. In 1989, the Australian Financial Review estimated his minimum net worth to be $70 million.

Profile

Polites became a colourful personality within Adelaide, becoming known for his extravagant Cadillac and Rolls Royce cars, and usually seen smoking a cigar. Polites was once known as the "king of Hindley Street".

In 1966, Polites funded the expenses of Dutch psychic Gerard Croiset to travel to Adelaide and unsuccessfully assist in the search for the missing Beaumont Children. Later in 1996, he organised a search of a Somerton Park warehouse, including drilling holes, in an effort to determine if the children were buried there.

Properties

The following properties were known to be part of the Polites portfolio:

Adelaide

  • 235 Grenfell Street (The Producers Hotel, formerly Old Exchange Hotel)
  • 38 Currie Street
  • 66 Gawler Place
  • 38 Hindley Street
  • 48 Hindley Street
  • 58-60 Hindley Street (Black Bull, formerly Princes Berkeley Hotel)
  • 61 Hindley Street
  • 84–86 Hindley Street (Kandy Shop Nightclub)
  • 90–100 Hindley Street (Woolshed on Hindley, formerly Victoria Hotel and Jules Bar)
  • 102 Hindley Street
  • 103 Hindley Street
  • 254 Hindley Street
  • 262 Hindley Street (Princes Arcade)
  • 220 Hutt Street (Clarice Motel)
  • 46 King William Street
  • 107 King William Street (Ambassadors Hotel)
  • 118–120 King William Street (Polites House)
  • 1 Rundle Mall
  • 10 Rundle Mall
  • 291 Rundle Street
  • 25 Victoria Street
  • 24–28 Waymouth Street

Glenelg

  • 24–28 Jetty Road (The Colley Hotel, formerly Jetty Bar)
  • 47 Jetty Road

North Adelaide

  • 71–75 Lefevre Terrace (Princes Lodge Motel)
  • 33 O'Connell Street

Somerton Park

  • 23 Esplanade

Personal life

Con Polites married Florence Gemenis and had three children, Elen, Evon and George.

Events after death

References

  1. ↑ "Ubiquitous signs in the Adelaide CBD the legacy of Con Polites' prolific purchasing of cheap buildings from 1960s". Adelaide AZ. Adelaide AZ. Retrieved 1 January 2025.
  2. ↑ "Con Polities". Nine Entertainment Co. Pty Ltd. The Australian Financial Review. 6 April 1990. Retrieved 1 January 2025.
  3. ↑ Etherington, Norman. "The Polites Heritage Empire". Issuu. National Trust of South Australia. Retrieved 1 January 2025.
  4. ↑ Borg, Rebecca (21 April 2023). "'Polites': The blue and white sign baffling tourists in Adelaide's CBD". No. 21 April 2023. Nationwide News Pty Ltd. news.com.au. Retrieved 1 January 2025.
  5. ↑ "Under $100 Million - Con Polites". No. 12 May 1989. Nine Entertainment Co. Pty Ltd. The Australian Financial Review. 12 May 1989. Retrieved 1 January 2025.
  6. ↑ "Off The Record: The Polites family great car sale, and will SA get a second casino?". No. 21 May 2016. Nationwide News Pty Ltd. The Advertiser. 21 May 2016. Retrieved 1 January 2025.
  7. ↑ Starick, Paul (19 May 2016). "Disgruntled relative's cash feud behind macabre Polites cemetery attack". Nationwide News Pty Ltd. The Advertiser. Retrieved 1 January 2025.
  8. ↑ Rice, Steve (18 May 2016). "Family feud suspected in desecration of late Adelaide property tycoon Con Polites' grave". Nationwide News Pty Ltd. The Advertiser. Retrieved 1 January 2025.
  9. 1 2 3 4 5 6 Rice, Steve (18 May 2016). "Family feud suspected in desecration of late Adelaide property tycoon Con Polites' grave". Nationwide News Pty Ltd. The Advertiser. Retrieved 1 January 2025.
  10. 1 2 3 4 5 6 7 8 9 Hough, Andrew (18 October 2026). "Polites family feud explodes over matriarch's multimillion-dollar Adelaide estate". The Advertiser. Retrieved 18 October 2026.
  11. ↑ "Polites family triumphs in $3 million, 20-year court battle". The Greek Herald. The Greek Herald. 10 February 2022. Retrieved 1 January 2025.
  12. ↑ Castello, Renato (21 November 2017). "Ambassadors Hotel on King William Street at centre of dispute between landlords Polites Group and liquidators". Nationwide News Pty Ltd. The Advertiser. Retrieved 1 January 2025.
  13. ↑ "Grave of Adelaide property tycoon Con Polites excavated over suspicious package". Australian Broadcasting Corporation. ABC News. 17 May 2016. Retrieved 1 January 2025.
  14. ↑ "'Dead cat' found at grave of Adelaide property tycoon Con Polites". Nine Entertainment Co. 9NEWS. 18 May 2016. Retrieved 1 January 2025.
  15. ↑ "Family feud erupts over $1.5 million estate of late Adelaide matriarch Florence Polites". No. 11 December 2024. The Greek Herald. The Greek Herald. Retrieved 1 January 2025.
  16. ↑ Hough, Andrew (10 December 2024). "The grandson of Con and Florence Polites, Markas Salkanovic, is suing his grandmother's estate for more money". Nationwide News Pty Ltd. The Advertiser. Retrieved 1 January 2025.
  17. ↑ Hough, Andrew (28 December 2024). "New twist in Polites legal war as twin grandsons reveal new will claim over matriarch's multimillion-dollar estate". Nationwide News Pty Ltd. Sunday Mail. Retrieved 1 January 2025.