Reysson Pty Ltd v Roads and Maritime Services (No 3) [2016] NSWLEC 69

Land and Environment Court New South Wales

Medium Neutral Citation: Reysson Pty Ltd v Roads and Maritime Services (No 3) [2016] NSWLEC 69 Hearing dates: 14,15, 16 November 201220, 21, 22, 23 November 201226, 27 November 2012`6, 7 May 20139, 10 May 2013 Date of orders: 05 June 2016 Decision date: 05 June 2016 Jurisdiction: Class 3 Before: Craig J Decision: (1) Determine compensation for land being Lots 11 and 14 in DP 1138459 acquired on 30 April 2010 in the sum of $6,212,369. (2) Costs reserved. (3) Exhibits may be returned. Catchwords: COMPULSORY ACQUISITION – objection to compensation offer – market value of land – whether land use zoning imposed for acquisition purpose – whether real prospect of commercial or seniors living land use – impact of global financial crisis – Land Acquisition (Just Terms Compensation) Act 1991 (NSW), ss 54, 55, 59 Legislation Cited: Land Acquisition (Just Terms Compensation) Act 1991 (NSW) Land and Environment Court Act 1979 (NSW) Roads Act 1993 (NSW) Tweed Development Control Plan 2008 (NSW) Tweed Local Environmental Plan 1987 (NSW) Tweed Local Environmental Plan 2000 (NSW) Cases Cited: Blacktown Council v Fitzpatrick Investments Pty Ltd [2001] NSWCA 259 Hastings Point Progress Association Inc v Tweed Shire Council [2009] NSWCA 285; 168 LGERA 99 Mir Bros Unit Constructions Pty Ltd v Roads and Traffic Authority (NSW) [2005] NSWLEC 467 Nasser v Roads and Traffic Authority NSW [2006] NSWLEC 562; 149 LGERA 289 Reysson Pty Ltd v Roads and Maritime Services [2012] NSWLEC 17; 188 LGERA 252 Vilro Pty Ltd v Roads and Traffic Authority (NSW) [2010] NSWLEC 234; 179 LGERA 47 Walker Corporation Pty Ltd v Sydney Harbour Foreshore Authority [2008] HCA 5; 233 CLR 259 Category: Principal judgment Parties: Reysson Pty Ltd (Applicant) Roads and Maritime Services (Respondent) Representation: Counsel: T F Robertson SC with P Larkin (Applicant) P C Tomasetti SC with N Eastman (Respondent)