Valuation No.

18010-02600

Location

32A Colville Street, Masterton

Legal Description

LOT 3 DP 605092

Certificate of Title

1186561

Ward No.

2

Zone

9A

Use

99

Category

RB

TORAS

111000

Property Area (hectares)

0.4498

Current Rating Valuation

As valued at 1 September 2023

Land Value

$500,000

Improvements Value

$0

Capital Value

$500,000

Nature of Improvements

New Rating Valuation

As valued at 1 September 2023

New Land Value

$500,000

New Improvements Value

$0

New Capital Value

$500,000

New Nature of Improvements

Rates Information

Current Rating Year

2025/2026

Current Year Rates Instalments

Instalment 1.

$957.30

Instalment 2.

$957.20

Instalment 3.

$957.30

Instalment 4.

$957.20

Current Year's Rates

$3,829.00

Previous Year's Rates

$1,819.30

Rates for Current Year 2025/2026

Type Description (Basis) Factor Rate Estimated Amt
001 Roading rate (L) 500,000.00 0.001462 $731.00
016 Civic Amenities rate (C) 500,000.00 0.000682 $341.00
026 Urban Wastewater rate (C) 500,000.00 0.000987 $493.50
031 Sundry Facilities rate (C) 500,000.00 0.000503 $251.50
041 Water rate (C) 500,000.00 0.000701 $350.50
046 Annual charge () 1.00 571.40 $571.40
056 Roading charge () 1.00 102.40 $102.40
086 GWRC General (C) 500,000.00 0.0005127 $256.40
091 GWRC Public Transport (C) 500,000.00 0.0003181 $159.10
096 GWRC Stadium Purposes (C) 500,000.00 0.0000009 $0.50
101 GWRC Wellington Regional Economic Devleopment (U) 1.00 17.25 $17.30
111 Representation & Development (C) 500,000.00 0.000433 $216.50
121 Regulatory Services rate (C) 500,000.00 0.000604 $302.00
201 GWRC Te Kauru River Management (C) 500,000.00 0.0000717 $35.90
Total $3,829.00

History

Year Land Value Capital Value Annual Rates
2024/2025 $195,000 $200,000 $1,819.30
2023/2024 $175,000 $180,000 $1,649.20
2022/2023 $175,000 $180,000 $1,536.20
2021/2022 $175,000 $180,000 $1,440.30
2020/2021 $107,000 $112,000 $1,224.90
2019/2020 $107,000 $112,000 $1,180.30
2018/2019 $107,000 $112,000 $1,127.40
2017/2018 $89,000 $94,000 $1,087.00
2016/2017 $89,000 $94,000 $1,081.90
2015/2016 $89,000 $94,000 $1,029.40