Lara Dezma Malouf and Ltirm Pty Ltd v Valuer General of NSW [2024] NSWLEC 1691

Land and Environment Court New South Wales

Medium Neutral Citation: Lara Dezma Malouf and Ltirm Pty Ltd v Valuer General of NSW [2024] NSWLEC 1691 Hearing dates: Conciliation Conferences on 23 September 2024 and 9 October 2024 Date of orders: 31 October 2024 Decision date: 31 October 2024 Jurisdiction: Class 3 Before: Davidson AC Decision: The Court orders: In respect of proceedings 2024/212405 (1) The value of the whole land legally described as Lot 14, Section B in DP 12979 and known as No.104 Iluka Road, Palm Beach is confirmed as $14,000,000 as at the valuing year 1 July 2022 pursuant to s 6A of the Valuation of Land Act 1916. (2) The proceedings are otherwise dismissed. In respect of proceedings 2024/212426 (1) The appeal is upheld (2) The value of the whole land legally described as Lot 14, Section B in DP 12979, known as No. 104 Iluka Road, Palm Beach is amended to $14,823,000 for the valuing year 1 July 2023 pursuant to 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 ss 19, 34 Valuation of Land Act 1916, Pt 4, ss 6A, 29, 35, 35AA, 35B, 35C, 37, 38, 39, 40 Pittwater Local Environmental Plan 2014 Category: Principal judgment Parties: Lara Dezma Malouf (Applicant) Ltirm Pty Ltd (2nd Applicant) Valuer General (Respondent) Representation: Counsel: A Hannam (Applicant) M Carpenter (Respondent)