Canal Aviv Pty Ltd v Roads and Maritime Services [2018] NSWLEC 52
The appropriate compensation for the impact on the residue land is a 4.3% reduction in its agreed per square metre value, reflecting specific positive and negative factors (including improved access, reduced footprint, and egress impacts) and a quantified allowance for loss of rental income due to the vacation of Secure Logistics. Claims for stamp duty on replacement land and reimbursement of land tax are not maintainable under either the market value or disturbance heads of compensation, as the factual circumstances do not satisfy the requirements from authoritative cases or statutory provisions.
- Jurisdiction
- Australia
- Judgment Date
- 24 May 2018
- Procedural Posture
- Compulsory Acquisition (class 3) / Judgment After Hearing
- Outcome
- Partial compensation ordered for reduction in value of residue land; stamp duty and land tax claims rejected; costs are provisionally awarded to the applicant.
- Legal Topics
- ['compensation for Compulsory Acquisition' 'market Value Assessment' 'disturbance Compensation' 'stamp Duty Claims' 'land Tax Reimbursement' 'valuation Methodology' 'residual Land Impact']
Case Brief
Summary, issues, holding and outcome
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Procedural Posture
Compulsory Acquisition (class 3) / Judgment After Hearing
Legal Issues
- 1 ['What is the appropriate compensation for impact on the value of the residue land after partial compulsory acquisition?' 'Is the applicant entitled to compensation for stamp duty to be incurred on a replacement property?' 'Is the applicant entitled to reimbursement of land tax apportioned to the acquired land?']
Ratio Decidendi
The appropriate compensation for the impact on the residue land is a 4.3% reduction in its agreed per square metre value, reflecting specific positive and negative factors (including improved access, reduced footprint, and egress impacts) and a quantified allowance for loss of rental income due to the vacation of Secure Logistics. Claims for stamp duty on replacement land and reimbursement of land tax are not maintainable under either the market value or disturbance heads of compensation, as the factual circumstances do not satisfy the requirements from authoritative cases or statutory provisions.
Court Disposition
Partial compensation ordered for reduction in value of residue land; stamp duty and land tax claims rejected; costs are provisionally awarded to the applicant.
Orders
- ['Compensation to Canal Aviv Pty Ltd reflecting a 4.3% reduction in the residue land value per square metre and a quantified sum for loss of rental from Secure Logistics to be agreed by the parties and included in the orders.' 'Stamp duty compensation claim for replacement property is rejected.' 'Land tax...
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