GRR 0.00% 25.5¢ grange resources limited.

Ann: GRR - Quarterly Report for 3 months ended 31 March 2018, page-23

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  1. 4,695 Posts.
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    Lots of objections to the unit development at No 2 Lumley Court in Prahran, and rightly so. Further documents show that the block of land is 672 sqm, not 642 sqm as I mentioned earlier.

    . "The closeness of the building to the park boundary is breeding future neighbourhood conflicts. How are the future occupants of this building - visibly aimed towards the higher end of the market - going to deal with playing children, family barbecues and other social activities directly under their windows? That surveillance (p. 12) might be desirable is a misguided concept probably based on the lack of familiarity with the area. The applicant tries to maximise the built surface on the private property and to use the public park as garden ersatz with little regard for the impact of the building on the public using the park."

    What happens if the application is rejected? Grange will own 4 x 80 year old apartments that rent for $350/week.
 
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