For those involved in boarding house management and development this recent court case battle that was resolved recently brings about a new precedent for anyone wanting to purchase or develop run down and old boarding houses.
Our very own committee member and property valuer director of property valuation firm M3, James Ruben, was appointed as an expert witness in this crucial Land and Environment Court case which has set a new precedent. James was providing evidence by way of reports on the financial impacts and viability of retaining run down boarding houses versus re-developing them to modern standards of living,its impact on residents and the property owners overall return on investment and risk.
Recent media article
https://www.abc.net.au/news/2026-06-25/luxury-apartment-approved-to-demolish-boarding-house-paddington/106816230
The M3 Property case analysis
https://poansw.com.au/wp-content/uploads/2026/07/M3-Property-NSW-Boarding-House-Development-Snapshot-–-July-2026.pdf

