Valuation No.

18010-10500A

Location

35 Edith Street, Masterton

Legal Description

LOT 2 DP 568003 PT LOT 15 DP 1628 PT LOT1 DP 14539 LOT 1 DP 17204 LOTS 2 3 DP 30507 LOT 2 DP 48818 LOTS 3-10 DP 60676 LOT 1 DP 85195 LOT 2 DP 335734 LOTS 2 4 6 7 9 11 13 DP 365679 LOT 2 DP 376403 - COMMERCIAL PORTION

Certificate of Title

1019621

Ward No.

2

Zone

9A

Use

95

Category

CESB

TORAS

001100

Property Area (hectares)

6.5587

Current Rating Valuation

As valued at 1 September 2023

Land Value

$3,300,000

Improvements Value

$15,400,000

Capital Value

$18,700,000

Nature of Improvements

New Rating Valuation

As valued at 1 September 2023

New Land Value

$3,300,000

New Improvements Value

$15,400,000

New Capital Value

$18,700,000

New Nature of Improvements

Rates Information

Current Rating Year

2025/2026

Current Year Rates Instalments

Instalment 1.

$58,189.70

Instalment 2.

$58,189.70

Instalment 3.

$58,189.80

Instalment 4.

$58,189.70

Current Year's Rates

$232,758.90

Previous Year's Rates

$222,017.60

Rates for Current Year 2025/2026

Type Description (Basis) Factor Rate Estimated Amt
001 Roading rate (L) 3,300,000.00 0.001462 $4,824.60
016 Civic Amenities rate (C) 18,700,000.00 0.000682 $12,753.40
026 Urban Wastewater rate (C) 18,700,000.00 0.000987 $18,456.90
031 Sundry Facilities rate (C) 18,700,000.00 0.000503 $9,406.10
041 Water rate (C) 18,700,000.00 0.000701 $13,108.70
046 Annual charge () 111.00 571.40 $63,425.40
056 Roading charge () 111.00 102.40 $11,366.40
061 Recycling Collection charge () 111.00 99.00 $10,989.00
066 Water Supply charge () 111.00 192.40 $21,356.40
070 Urban Wastewater charge () 111.00 277.20 $30,769.20
086 GWRC General (C) 18,700,000.00 0.0005127 $9,587.50
091 GWRC Public Transport (C) 18,700,000.00 0.0003181 $5,948.50
096 GWRC Stadium Purposes (C) 18,700,000.00 0.0000009 $16.80
101 GWRC Wellington Regional Economic Devleopment (U) 1.00 17.25 $17.30
111 Representation & Development (C) 18,700,000.00 0.000433 $8,097.10
121 Regulatory Services rate (C) 18,700,000.00 0.000604 $11,294.80
201 GWRC Te Kauru River Management (C) 18,700,000.00 0.0000717 $1,340.80
Total $232,758.90

History

Year Land Value Capital Value Annual Rates
2024/2025 $3,300,000 $18,700,000 $222,017.60
2023/2024 $2,900,000 $16,600,000 $188,437.70
2022/2023 $2,900,000 $16,600,000 $176,838.50
2021/2022 $2,800,000 $16,500,000 $163,532.30
2020/2021 $1,340,000 $14,600,000 $169,658.70
2019/2020 $1,340,000 $13,600,000 $157,412.50
2018/2019 $1,340,000 $13,600,000 $149,983.60
2017/2018 $1,020,000 $10,620,000 $155,125.20
2016/2017 $1,020,000 $10,620,000 $153,714.60
2015/2016 $1,020,000 $10,620,000 $149,902.50