\textit{Holey Graphene} (HG) is a widely used graphene material for the synthesis of high-purity and highly crystalline materials. The electronic properties of a periodic distribution of lattice holes are explored here, demonstrating the emergence of flat bands. It is established that such flat bands arise as a consequence of an induced sublattice site imbalance, i.e., by having more sites in one of the graphene's bipartite sublattice than in the other. This is equivalent to the breaking of a path-exchange symmetry. By further breaking the inversion symmetry, gaps and a nonzero Berry curvature are induced, leading to topological bands. In particular, the folding of the Dirac cones from the hexagonal Brillouin zone (BZ) to the holey superlattice rectangular BZ of HG, with sizes proportional to an integer $n$ times the graphene's lattice parameter, leads to a periodicity in the gap formation such that $n \equiv 0$ (mod $3$). A low-energy hamiltonian for the three central bands is also obtained revealing that the system behaves as an effective $\alpha-\mathcal{T}_{3}$ graphene material. Therefore, a simple protocol is presented here that allows for obtaining flat bands at will. Such bands are known to increase electron-electron correlation effects. Therefore, the present work provides an alternative system that is much easier to build than twisted systems, allowing for the production of flat bands and potentially highly correlated quantum phases.