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Title: | Tennyson Breach |
| ISBN: | 9781921920356 | |
| David Topp | ||
| Price | $24.95  |
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Synopsis
Tennyson Breach tells the story of the Tennyson Reach apartment development located in the inner south-western Brisbane suburb of Tennyson.
It charts Tennyson Reach’s gestation in 2005, when the Queensland government announced the construction of a brand new State Tennis Centre and six building strong luxury apartment complex on the site of the former Tennyson Powerhouse, the 2007 release of off-the-plan Tennyson Reach apartment sale contracts, the 2009 property value “reality check” spawned by the Global Financial Crisis, and finally the raw devastation wrought by the infamous 2011 Brisbane River flooding. So named because this book analyses the breached contracts (through extensive case noting of the published Supreme Court cases involving failures to settle Tennyson Reach apartment purchases), the breached banks of the Brisbane River and finally the breached property value and lifestyle dreams of those who spent substantial sums for views of the Brisbane River that ultimately proved to be far too close for comfort, Tennyson Breach concludes with critiques of the ways in which the Brisbane City Council, before and after January 2011, managed both the Tennyson Reach development application and the post flood future of the Tennyson Reach site.