Australia, July 28 -- New South Wales Land and Environment Court issued text of the following judgement on June 27:
1. COMMISSIONER: The Applicant has appealed the Valuer-General's valuation of land pursuant to s 6A(1) of the Valuation of Land Act 1916 (VL Act) as at the Base Date of 1 July 2022 (Base Date) in relation to the land known as 255 Victoria Road, Rydalmere NSW 2116 and being the whole of the land in Lots 37 and 38 in Deposited Plan 14244 (Land).
2. The Agreed Chronology (Ex A tab 6 CB 95-96) provides the following details:
1) On 22 July 2022 the Valuer-General issued a Notice of Valuation for the Land as at the Base Date valuing the Land pursuant to s 6A of the VL Act at $1,400.000 (Valuation)
2) On 18 March 2023 the Applica...