Mirvac Projects (Retail and Commercial) Pty Ltd v Valuer General of New South Wales [2018] NSWLEC 74

Land and Environment Court New South Wales

Medium Neutral Citation: Mirvac Projects (Retail and Commercial) Pty Ltd v Valuer General of New South Wales [2018] NSWLEC 74 Hearing dates: 9, 10, 11 and 20 October 2017 Date of orders: 24 May 2018 Decision date: 24 May 2018 Jurisdiction: Class 3 Before: Robson J Decision: See orders at [203] Catchwords: VALUATION OF LAND – appeals – valuation of land to which heritage restriction applies – interaction of s 6A(1) and s 14G(1) of Valuation of Land Act 1916 (NSW) – application of comparable sales methodology – net rental differential approach – level of generality at which "use" of heritage restricted properties is to be applied Legislation Cited: State Environmental Planning Policy (Major Projects) 2005 (NSW) Valuation of Land Act 1916 (NSW) ss 6A, 14G, 37 Cases Cited: Commonwealth Custodial Services Ltd v Valuer General [2008] NSWLEC 310 Gollan v Randwick Municipal Council [1961] AC 82; (1960) 6 LGRA 275 Graham Trilby Pty Ltd v Valuer-General [2011] NSWLEC 68 New South Wales Cremation Company Pty Limited v Valuer General [2016] NSWLEC 135 Perilya Broken Hill Ltd v Valuer-General [2015] NSWCA 400 Trust Company of Australia Limited v Valuer-General [2007] NSWCA 181; (2007) 154 LGERA 437 Valuer-General v Commonwealth Custodial Services Ltd (2009) 74 NSWLR 700; [2009] NSWCA 143 Valuer-General of New South Wales v Oriental Bar Pty Limited [2016] NSWCA 48; (2016) 217 LGERA 1 Valuer-General v Fivex Pty Ltd [2015] NSWCA 53; (2015) 206 LGERA 450 Category: Principal judgment Parties: Mirvac Projects (Retail and Commercial) Pty Ltd (Applicant) Valuer General of New South Wales (Respondent) Representation: Counsel: M Seymour (Applicant) P Tomasetti SC with M Carpenter (Respondent)