3of6 Pty Ltd v Valuer General of NSW [2023] NSWLEC 1798

Land and Environment Court New South Wales

Medium Neutral Citation: 3of6 Pty Ltd v Valuer General of NSW [2023] NSWLEC 1798 Hearing dates: Conciliation Conferences on 13 October 2023 and 6 November 2023 Date of orders: 22 December 2023 Decision date: 22 December 2023 Jurisdiction: Class 3 Before: Davidson AC Decision: Proceedings 2023/00176967 The Court orders: (1) The land value of the property legally described as Lot 6 in Deposited Plan 595328, known as 2 Ashford Avenue Milperra NSW is confirmed as $4,990,000 for the valuing year 1 July 2020, in accordance with s 6A of the Valuation of Land Act 1916. (2) The proceedings are otherwise dismissed. Proceedings 2023/00176981 The Court orders (1) The land value of the property legally described as Lot 6 in Deposited Plan 595328, known as 2 Ashford Avenue Milperra NSW is confirmed as $6,990,000 for the valuing year 1 July 2021, in accordance with s 6A of the Valuation of Land Act 1916. (2) The proceedings are otherwise dismissed. Proceedings 2023/00176990 The Court orders: (1) The appeal is upheld. (2) The land value of the property legally described as Lot 6 in Deposited Plan 595328, known as 2 Ashford Avenue Milperra NSW is amended to $12,000,000 for the valuing year 1 July 2022, in accordance with s 6A of the Valuation of Land Act 1916. Catchwords: VALUATION APPEAL – land valuer – conciliation conference – agreement between the parties - orders Legislation Cited: Land and Environment Court Act 1979 ss19, 34 Land and Environment Court Rules r 3.7 Bankstown Local Environmental Plan 2015 Valuation of Land Act 1916 ss 6A, 29, 34, 35, 35AA, 37, 38, 39, 40 Category: Principal judgment Parties: 3of6 Pty Ltd (Applicant) Valuer General (Respondent) Representation: Counsel: S Kanagaratnam (Applicant) M Carpenter (Respondent)