3of6 Pty Ltd v Valuer General of NSW [2023] NSWLEC 1798

3of6 Pty Ltd v Valuer General of NSW [2023] NSWLEC 1798

The Court was required to dispose of the proceedings in accordance with the parties' agreement reached at the conciliation conference, as allowed under s 34(3) of the Land and Environment Court Act 1979, confirming or amending the Valuer General's valuations according to the evidence and law.

Parties
Applicant: 3of6 Pty Ltd; Respondent: Valuer General
Jurisdiction
Australia
Judgment Date
22 December 2023
Procedural Posture
Valuation Appeal / Final Orders After Conciliation Conference
Outcome
Proceedings 2023/00176967 and 2023/00176981: land values confirmed, proceedings otherwise dismissed. Proceedings 2023/00176990: appeal upheld, land value amended.
Legal Topics
Land Value Determination, Conciliation Conference, Appeal Against Valuer General's Decision

Case Brief

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Parties

3of6 Pty Ltd

Applicant

Valuer General

Respondent

Procedural Posture

Valuation Appeal / Final Orders After Conciliation Conference

  1. 1 Whether the land value determined by the Valuer General was correct for the relevant years
  2. 2 Whether the Court should confirm or amend the land value pursuant to s 40(1) of the Valuation of Land Act 1916

Ratio Decidendi

The Court was required to dispose of the proceedings in accordance with the parties' agreement reached at the conciliation conference, as allowed under s 34(3) of the Land and Environment Court Act 1979, confirming or amending the Valuer General's valuations according to the evidence and law.

Court Disposition

Proceedings 2023/00176967 and 2023/00176981: land values confirmed, proceedings otherwise dismissed. Proceedings 2023/00176990: appeal upheld, land value amended.

Orders

  • In 2023/00176967: The land value is confirmed as $4,990,000 for 1 July 2020. Proceedings otherwise dismissed.
  • In 2023/00176981: The land value is confirmed as $6,990,000 for 1 July 2021. Proceedings otherwise dismissed.