Owners Corporation Strata Plan 39993 v Place Management NSW [2024] NSWSC 1537

Supreme Court New South Wales

Medium Neutral Citation: Owners Corporation Strata Plan 39993 v Place Management NSW [2024] NSWSC 1537 Hearing dates: 15 November 2024 Date of orders: 3 December 2024 Decision date: 03 December 2024 Jurisdiction: Equity - Real Property List Before: Nixon J Decision: (1) The Amended Summons filed on 15 November 2024 is dismissed. (2) The Plaintiff pay the Defendant's costs. Catchwords: COMMERCIAL LEASE – lease of common property of commercial leasehold strata scheme – construction of definition of "Market Value of the Stratum" – no issue of principle Legislation Cited: Place Management Act 1998 (NSW) Strata Titles (Leasehold) Act 1986 (NSW), ss 6, 8 Cases Cited: Ainsworth v Criminal Justice Commission (1992) 175 CLR 564; [1992] HCA 10 Barob Pty Ltd v Commissioner of Stamp Duties (Qld) [1999] 2 Qd R 468 Commissioner for Railways and Sydney City Council v Valuer-General [1961] NSWR 977 Electricity Generation Corporation v Woodside Energy Ltd; Woodside Energy Ltd v Electricity Generation Corporation (2014) 251 CLR 640; [2014] HCA 7 Harry v Valuer-General (1975) 12 SASR 446; (1975) 36 LGRA Haxglow Pty Ltd v Mirvac Retail Sub SPV Pty Ltd [2020] NSWSC 233 HDI Global Speciality SE v Wonkana No 3 Pty Ltd (2020) 104 NSWLR 634; [2020] NSWCA 296 Horsell International Pty Ltd v Divetwo Pty Ltd [2013] NSWCA 368 Kenny & Good Pty Ltd v MGICA (1992) Ltd (1999) 199 CLR 413; [1999] HCA 25 Minister of State for the Army v Dalziel (1994) 68 CLR 261; [1944] HCA 4 Mount Bruce Mining Pty Ltd v Wright Prospecting Pty Ltd (2015) 256 CLR 104; [2015] HCA 37 Norton Property Group Pty Ltd v Ozzy States Pty Ltd (in liq) [2020] NSWCA 23 Perpetual Trustee Company Ltd v Sydney Cove Authority (NSWSC, unrep., 9 March 1993) Re Sigma Finance Corp (in administrative receivership) [2009] UKSC 2; [2010] 1 All ER 571 Spencer v The Commonwealth (1907) 5 CLR 418; [1907] HCA 82 Strike Australia Pty Ltd v Data Base Corporate Pty Ltd [2019] NSWCA 205 Tezner v Colonial Sugar Refining Co Ltd [1958] AC 50 Toohey's Ltd v The Valuer-General [1925] AC 439 Trust Company of Australia Ltd v Valuer-General (2008) 101 SASR 110; [2008] SASC 169 Yanner v Eaton (1999) 201 CLR 351; [1999] HCA 53 Category: Principal judgment Parties: Owners Corporation Strata Plan 39993 (Plaintiff) Place Management NSW (Defendant) Representation: Counsel: A Fernon SC w G Farland (Plaintiff) TE O'Brien w L Dargan (Defendant) Solicitors: Antcliffe Scott (Plaintiff) Clayton Utz (Defendant) File Number(s): 2024/00169130 Publication restriction: Nil