Genovese v Valuer General of New South Wales [2022] NSWLEC 1594

Land and Environment Court New South Wales

Medium Neutral Citation: Genovese v Valuer General of New South Wales [2022] NSWLEC 1594 Hearing dates: Conciliation Conference on 12 October 2022 Date of orders: 27 October 2022 Decision date: 27 October 2022 Jurisdiction: Class 3 Before: Kempthorne AC Decision: The Court orders: 1) The Appeal is upheld. 2) The Land Value for Lots 1, 2, 3, 4, 5, 6 CP/SP89354 and NSW Maritime Lease 30003283 known as 86 St Georges Crescent, Drummoyne for the valuing year 1 July 2021 is determined in the amount of $10,150,000 in accordance with section 6A of the Valuation of Land Act 1916. 3) Each party is to bear its own costs in these proceedings. Catchwords: VALUATION OF LAND – objection to issued Land Value – conciliation conference – agreement between the parties – orders Legislation Cited: Land and Environment Court Act 1979, s 34 Valuation of Land Act 1916, ss 6A,14A, 34, 35B, 35C, 37 Category: Principal judgment Parties: Rose Genovese (Applicant 1) Rinaldo Genovese (Applicant 2) Valuer General of New South Wales (Respondent) Representation: Counsel: M Cridland (Solicitor) (Applicants) L Johnston (Respondent) Solicitors: K & L Gates (Applicants) Crown Solicitors Office NSW (Respondent) File Number(s): 2022/221607 Publication restriction: Nil

Judgment 1. COMMISSIONER: This Class 3 application arises from the disallowed objection and subsequent appeal by the Applicants pursuant to s 37 of the Valuation of Land Act 1916 (Valuation Act) in respect of the Land Value for the Valuing Year 1 July 2021 of Lots 1, 2, 3, 4, 5, 6, CP/SP89354 and NSW Maritime Lease 30003283 (the Property).