Limina Holdings Pty Ltd ITF Galileo Superannuation Fund v Valuer General of New South Wales [2019] NSWLEC 110

Land and Environment Court New South Wales

Medium Neutral Citation: Limina Holdings Pty Ltd ITF Galileo Superannuation Fund v Valuer General of New South Wales [2019] NSWLEC 110 Hearing dates: 19 and 20 March 2019 Date of orders: 07 August 2019 Decision date: 07 August 2019 Jurisdiction: Class 3 Before: Sheahan J Decision: Appeals upheld. See paragraph [131] Catchwords: VALUATION OF LAND: Appeals against valuations by the Valuer General of a site occupied by a medical practice – subject premises one half of a single storey duplex – highest and best use – disputed potentialities – potential for site amalgamation with neighbouring properties – appeals allowed. Legislation Cited: Burwood Development Control Plan 2013 Burwood Local Environmental Plan 2012 Valuation of Land Act 1916 Cases Cited: Adelaide Clinic Holdings Pty Ltd v Minster for Water Resources (1988) 65 LGRA 410 Alexandria Landfill Pty Ltd v Roads and Maritime Services; Boiling Pty Limited v Roads and Maritime Services (No 6) [2019] NSWLEC 98 Boland v Yates Property Corporation Pty Ltd (1999) 167 ALR 575 Brewarrana Pty Ltd v Commissioner of Highways (No 2) (1973) 32 LGRA 170 Cedars Rapids Manufacturing and Power Co v Lacoste [1914] AC 569 Commissioner of Land Tax v Nathan (1913) 16 CLR 654 Commonwealth Custodial Services Limited as Trustee for the Burwood Trust Fund; Trust Company of Australia Limited v Valuer-General (2006) 148 LGERA 38; [2006] NSWLEC 400 Cornerstone Property Group Pty Ltd v Warringah Council [2004] NSWLEC 189 Crompton v Commissioner of Highways (1973) 32 LGRA 8 Equity Trustees Executors and Agency Co Ltd v Melbourne and Metropolitan Board of Works (1993) 81 LGERA 86 Goode v Valuer-General (1979) 22 SASR 247; 61 LGRA 424 ISPT Pty Ltd v City of Melbourne [2007] VCAT 652 ISPT Pty Ltd v Melbourne City Council [2008] VSCA 180 Karavellas v Sutherland Shire Council [2004] NSWLEC 251 Kenny & Good Pty Ltd v MGICA (1992) Ltd (1999) 199 CLR 413; [1999] HCA 25 Maurici v Chief Commissioner of State Revenue (2003) 212 CLR 111; (2003) 77 ALJR 727; [2003] HCA 8 Melissa Grech v Auburn Council [2004] NSWLEC 40 Park v Allied Mortgage Corporation Ltd (unreported, FCA, 5 July 1995) Perpetual Limited v Valuer-General [2013] NSWLEC 1227 Roads and Traffic Authority of New South Wales v Mosca (2006) 146 LGERA 335; [2006] NSWCA 159 Spencer v The Commonwealth of Australia (1907) 5 CLR 418; [1907] HCA 82 Spicer v Valuer-General (1963) 10 LGRA 319 Stubberfield v Valuer-General [1991] 1 Qd R 278 Tetzner v Colonial Sugar Refining Co Ltd [1958] AC 50 Trandos v Western Australian Planning Commission (2001) 117 LGERA 257 Trust Company of Australia Ltd v Valuer-General (2007) 154 LGERA 437 Turner v Minister of Public Instruction (1956) 95 CLR 245 Walker Corporation Pty Ltd v Sydney Harbour Foreshore Authority (2008) 233 CLR 259; [2008] HCA 5 Texts Cited: A Hyam The Law Affecting Valuation of Land in Australia (5th ed. 2014, Federation Press) Category: Principal judgment Parties: Limina Holdings Pty Ltd ITF Galileo Superannuation Fund (Applicant) Valuer General of New South Wales (Respondent) Representation: Counsel: Dr A Ragusa, agent (Applicant) Ms N Hammond, barrister (Respondent)