Property Details
Valuation No.
18010-17500A
Location
120 Ngaumutawa Road, Masterton
Legal Description
PT LOT 3 DP 11565 -PANAMA HOUSE & VILLAGE
Certificate of Title
481/145
Ward No.
2
Zone
9A
Use
95
Category
RRXXX
TORAS
001100
Property Area (hectares)
1.6000
Current Rating Valuation
As valued at 1 September 2023
Land Value
$540,000
Improvements Value
$1,450,000
Capital Value
$1,990,000
Nature of Improvements
New Rating Valuation
As valued at 1 September 2023
New Land Value
$540,000
New Improvements Value
$1,450,000
New Capital Value
$1,990,000
Rates Information
Current Rating Year
2025/2026
Current Year Rates Instalments
Instalment 1.
$16,262.80
Instalment 2.
$16,262.80
Instalment 3.
$16,262.80
Instalment 4.
$16,262.80
Current Year's Rates
$65,051.20
Previous Year's Rates
$61,992.60
Rates for Next Year 2026/2027
| Type | Description (Basis) | Factor | Rate | Estimated Amt | |
|---|---|---|---|---|---|
| 001 | Roading rate (L) | 540,000.00 | 0.001462 | $789.48 | |
| 016 | Civic Amenities rate (C) | 1,990,000.00 | 0.000682 | $1,357.18 | |
| 026 | Urban Wastewater rate (C) | 1,990,000.00 | 0.000987 | $1,964.13 | |
| 031 | Sundry Facilities rate (C) | 1,990,000.00 | 0.000503 | $1,000.97 | |
| 041 | Water rate (C) | 1,990,000.00 | 0.000701 | $1,394.99 | |
| 046 | Annual charge () | 44.00 | 571.40 | $25,141.60 | |
| 056 | Roading charge () | 44.00 | 102.40 | $4,505.60 | |
| 061 | Recycling Collection charge () | 44.00 | 99.00 | $4,356.00 | |
| 066 | Water Supply charge () | 44.00 | 192.40 | $8,465.60 | |
| 070 | Urban Wastewater charge () | 44.00 | 277.20 | $12,196.80 | |
| 086 | GWRC General (C) | 1,990,000.00 | 0.0005127 | $1,020.27 | |
| 091 | GWRC Public Transport (C) | 1,990,000.00 | 0.0003181 | $633.02 | |
| 096 | GWRC Stadium Purposes (C) | 1,990,000.00 | 0.0000009 | $1.79 | |
| 101 | GWRC Wellington Regional Economic Devleopment (U) | 1.00 | 17.25 | $17.25 | |
| 111 | Representation & Development (C) | 1,990,000.00 | 0.000433 | $861.67 | |
| 121 | Regulatory Services rate (C) | 1,990,000.00 | 0.000604 | $1,201.96 | |
| 201 | GWRC Te Kauru River Management (C) | 1,990,000.00 | 0.0000717 | $142.68 | |
| Total | $65,051.00 | ||||
History
| Year | Land Value | Capital Value | Annual Rates |
|---|---|---|---|
| 2024/2025 | $540,000 | $1,990,000 | $61,992.60 |
| 2023/2024 | $490,000 | $1,930,000 | $50,443.70 |
| 2022/2023 | $490,000 | $1,930,000 | $47,615.80 |
| 2021/2022 | $490,000 | $1,930,000 | $44,306.60 |
| 2020/2021 | $330,000 | $1,800,000 | $44,020.70 |
| 2019/2020 | $330,000 | $1,800,000 | $43,339.80 |
| 2018/2019 | $330,000 | $1,800,000 | $41,239.30 |
| 2017/2018 | $275,000 | $1,280,000 | $46,215.20 |
| 2016/2017 | $275,000 | $1,280,000 | $46,224.00 |
| 2015/2016 | $275,000 | $1,280,000 | $45,292.70 |