City refutes incorrect claim by Glen Iris estate owner

The City of Cockburn's response to Acumen Development Solutions (Eastcourt Property Group) Glen Iris Community Newsletter #1 on 21.8.20, refuting incorrect claim in 'Fast Facts' column -

* The previous owners approached the City of Cockburn to purchase the golf course in 2017. The City declined their invitation to purchase the golf course.  

City response/correction:
The City was approached by the previous landowners in 2017 to discuss the confidential sale of the golf course and whether the City would be interested in negotiating a purchase.

Following a meeting with the landowners it became clear they considered the land was worth the equivalent residential land value and not the value as an operational golf course.
 
Before considering any potential purchase, the City sought details of the operational and management accounts for the golf course, however the landowners were not forthcoming with this information.
 
As a result, the City was unable to undertake any due diligence in respect to a potential purchase.
 
The landowners subsequently proceeded to negotiate with a number of other parties based on the land being developed for residential purposes.