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 Destructive OZschwitz Labor overturns decision, slashing millions off prime city site

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RR Phantom

RR Phantom

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Destructive OZschwitz Labor overturns decision, slashing millions off prime city site Vide
PostSubject: Destructive OZschwitz Labor overturns decision, slashing millions off prime city site   Destructive OZschwitz Labor overturns decision, slashing millions off prime city site Icon_minitimeSun Apr 10, 2016 11:02 pm

Developer Harry Stamoulis didn't get to be head of Australia's 95th richest family, with wealth of over half a billion dollars according to the BRW Rich List, without some good fortune.

Destructive OZschwitz Labor overturns decision, slashing millions off prime city site 1460279333256

But a decision taken by the Andrews government makes it clear how lucky Mr Stamoulis was to own - and sell - a Collins Street building under the previous planning minister, Matthew Guy.

The Andrews government's planning minister, Richard Wynne, has knocked back an application to build an 82-level tower on the site at the corner of Collins and King streets, opposite the Rialto.

Read more: http://www.theage.com.au/victoria/labor-overturns-decision-by-matthew-guy-slashing-millions-off-prime-city-site-20160410-go2w2t.html#ixzz45U1gWvyL
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Destructive OZschwitz Labor overturns decision, slashing millions off prime city site

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