Margie Pty Ltd (ACN 065 365 424) as trustee for the APNP Touma Family Trust (ABN 21 376 929 553) v Valuer General of New South Wales [2024] NSWLEC 1168

Land and Environment Court New South Wales

Medium Neutral Citation: Margie Pty Ltd (ACN 065 365 424) as trustee for the APNP Touma Family Trust (ABN 21 376 929 553) v Valuer General of New South Wales [2024] NSWLEC 1168 Hearing dates: Conciliation conference on 15 March 2024 Date of orders: 10 April 2024 Decision date: 10 April 2024 Jurisdiction: Class 3 Before: Peatman AC Decision: The Court orders: (1) The appeal is upheld. (2) The Land Value for 71-77 Regent Street, Redfern NSW 2016 being the whole of the land in Lot 1 Deposited Plan 868963 as at the valuing year 1 July 2022 is amended to $27,000,000 pursuant to ss 6A(1) and 4(1)(d1) of the Valuation of Land Act 1916. (3) In accordance with s 41(1) of the Valuation of Land Act 1916, the Valuer General must take any action that is necessary to give effect to Order (2), which may include altering the Register of Land Values in any relevant respect. Catchwords: VALUATION OF LAND – conciliation conference – agreement between the parties – orders Legislation Cited: Land and Environment Court Act 1979, ss 19, 34 Valuation of Land Act 1916, ss 4, 6A, 29, 35, 35B, 35C, 37, 38, 40, 41 Category: Principal judgment Parties: Margie Pty Ltd (ACN 065 365 424) as trustee for the APNP Touma Family Trust (ABN 21 376 929 553) (Applicant) Valuer General of New South Wales (Respondent) Representation: Counsel: T Poisel (Applicant) R White (Respondent)

Solicitors: Lionheart Lawyers (Applicant) Crown Solicitor's Office (NSW) (Respondent) File Number(s): 2023/323317 Publication restriction: No