CFS Managed Property Limited v Valuer-General

Land and Environment Court New South Wales Medium Neutral Citation: CFS Managed Property Limited v Valuer-General [2016] NSWLEC 2 Hearing dates:14-17 September 2015, 13 and 15 October 2015, 8 and 10 December 2015Date of orders: 08 February 2016 Decision date: 08 February 2016 Jurisdiction:Class 3Before: Pain J Decision: See par [179] Catchwords: VALUATION OF LAND – appeals – valuation of land to which heritage restriction applies – valuation of Moneybox building Martin Place Sydney – most reliable method of valuation of heritage restricted building under s 6A(1) and s 14G(1) of Valuation of Land Act 1916 (NSW) is application of sale of half interest in land Legislation Cited: Valuation of Land Act 1916 (NSW), ss 4, 6A, 14A, 14G, 40 Valuation of Land Amendment Act 2000 (NSW) Valuation of Land Amendment Act 2009 (NSW) Valuation of Land Amendment Act 2011 (NSW) Cases Cited: AMP Henderson Global Investors v Valuer General [2004] NSWCA 264; (2004) 134 LGERA 426 Broken Hill Proprietary Company Limited v Municipal Council of Broken Hill (1925) 37 CLR 284 Commonwealth Custodial Services Ltd v Valuer General [2007] NSWCA 365; (2007) 156 LGERA 186 Commonwealth Custodial Services Ltd v Valuer General [2008] NSWLEC 310 Commonwealth Custodial Services Ltd v Valuer-General of New South Wales [2006] NSWLEC 775 Graham Trilby Pty Ltd v Valuer General [2009] NSWLEC 1087 Graham Trilby Pty Ltd v Valuer-General [2008] NSWLEC 217 Gwynvill Properties Pty Ltd v Commissioner for Main Roads (1983) 50 LGRA 322 In Adam Pty Ltd v Valuer-General [2011] NSWLEC 55...