A planned new apartment complex in Filleul Street has been granted resource consent by the Dunedin City Council.

The development is due to be built at 97 Filleul Street, near Vero House.

It'll comprise 25 one and two bedroom apartments, each ranging in price from about $300,000 to more than half a million.

But the co-owner of Vero House is upset about the size of the complex and is reportedly considering whether to appeal the consent decision.

He's worried about the building shading his premises, and other neighbours have also expressed concerns.

The apartments are expected to be finished by the middle of next year.