Property Details
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
Rates Information
Current Rating Year
2024/2025
Current Year Rates Instalments
Instalment 1.
$55,504.40
Instalment 2.
$55,504.40
Instalment 3.
$55,504.40
Instalment 4.
$55,504.40
Current Year's Rates
$222,017.60
Previous Year's Rates
$188,437.70
Rates for Next Year 2025/2026
| Type | Description (Basis) | Factor | Rate | Estimated Amt | |
|---|---|---|---|---|---|
| 001 | Roading rate (L) | 3,300,000.00 | 0.001536 | $5,068.80 | |
| 016 | Civic Amenities rate (C) | 18,700,000.00 | 0.000682 | $12,753.40 | |
| 026 | Urban Wastewater rate (C) | 18,700,000.00 | 0.000984 | $18,400.80 | |
| 031 | Sundry Facilities rate (C) | 18,700,000.00 | 0.000488 | $9,125.60 | |
| 041 | Water rate (C) | 18,700,000.00 | 0.000689 | $12,884.30 | |
| 046 | Annual charge () | 111.00 | 575.00 | $63,825.00 | |
| 056 | Roading charge () | 111.00 | 99.00 | $10,989.00 | |
| 061 | Recycling Collection charge () | 111.00 | 104.00 | $11,544.00 | |
| 066 | Water Supply charge () | 111.00 | 190.00 | $21,090.00 | |
| 070 | Urban Wastewater charge () | 111.00 | 277.00 | $30,747.00 | |
| 086 | GWRC General (C) | 18,700,000.00 | 0.0005127 | $9,587.49 | |
| 091 | GWRC Public Transport (C) | 18,700,000.00 | 0.0003181 | $5,948.47 | |
| 096 | GWRC Stadium Purposes (C) | 18,700,000.00 | 0.0000009 | $16.83 | |
| 101 | GWRC Wellington Regional Economic Devleopment (U) | 1.00 | 17.25 | $17.25 | |
| 111 | Representation & Development (C) | 18,700,000.00 | 0.000441 | $8,246.70 | |
| 121 | Regulatory Services rate (C) | 18,700,000.00 | 0.000634 | $11,855.80 | |
| 201 | GWRC Te Kauru River Management (C) | 18,700,000.00 | 0.0000717 | $1,340.79 | |
| Total | $233,441.23 | ||||
History
| Year | Land Value | Capital Value | Annual Rates |
|---|---|---|---|
| 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 |
| 2014/2015 | $1,030,000 | $10,930,000 | $144,807.60 |