7 Jan 2002
LACHLAN DAVID RUTHERFORD v. KING FIELD INTERNATIONAL LTD.
- Citation
- LACHLAN DAVID RUTHERFORD v. KING FIELD INTERNATIONAL LTD.
- Court
- Lands Tribunal
- Case number
- LDNT274/2001
The Tribunal adjusted the provided comparables for view, size, domestic appliances, garden and condition, rejected time index adjustment and inclusion of unauthorized areas, excluded comparables whose adjusted unit rents lay more than 20% outside the mean (comparables 3 and 6), used the average adjusted unit rent of $219.52/sq.m for the remaining comparables and assessed the prevailing market rent at $219.52 x 169 sq.m = $37,098.88, rounded to $37,100 pcm exclusive of rates and management fees.