Valuation No.

18030-39200A

Location

24A Third Street, Masterton

Legal Description

FLAT A DP 50289 HAVING 1/2 INTEREST IN 729 SQ METRES BEING LOT 2 DP 23426

Certificate of Title

20A/508

Ward No.

2

Zone

9A

Use

92

Category

RF196

TORAS

001200

Property Area (hectares)

0.0000

Current Rating Valuation

As valued at 1 September 2023

Land Value

$175,000

Improvements Value

$205,000

Capital Value

$380,000

Nature of Improvements

New Rating Valuation

As valued at 1 September 2023

New Land Value

$175,000

New Improvements Value

$205,000

New Capital Value

$380,000

New Nature of Improvements

Rates Information

Current Rating Year

2025/2026

Current Year Rates Instalments

Instalment 1.

$836.20

Instalment 2.

$836.20

Instalment 3.

$836.20

Instalment 4.

$836.10

Current Year's Rates

$3,344.70

Previous Year's Rates

$3,179.30

Rates for Current Year 2025/2026

Type Description (Basis) Factor Rate Estimated Amt
001 Roading rate (L) 175,000.00 0.001462 $255.90
016 Civic Amenities rate (C) 380,000.00 0.000682 $259.20
026 Urban Wastewater rate (C) 380,000.00 0.000987 $375.10
031 Sundry Facilities rate (C) 380,000.00 0.000503 $191.10
041 Water rate (C) 380,000.00 0.000701 $266.40
046 Annual charge () 1.00 571.40 $571.40
056 Roading charge () 1.00 102.40 $102.40
061 Recycling Collection charge () 1.00 99.00 $99.00
066 Water Supply charge () 1.00 192.40 $192.40
070 Urban Wastewater charge () 1.00 277.20 $277.20
086 GWRC General (C) 380,000.00 0.0005127 $194.80
091 GWRC Public Transport (C) 380,000.00 0.0003181 $120.90
096 GWRC Stadium Purposes (C) 380,000.00 0.0000009 $0.30
101 GWRC Wellington Regional Economic Devleopment (U) 1.00 17.25 $17.30
111 Representation & Development (C) 380,000.00 0.000433 $164.50
121 Regulatory Services rate (C) 380,000.00 0.000604 $229.50
201 GWRC Te Kauru River Management (C) 380,000.00 0.0000717 $27.30
Total $3,344.70

History

Year Land Value Capital Value Annual Rates
2024/2025 $175,000 $380,000 $3,179.30
2023/2024 $144,000 $380,000 $3,041.90
2022/2023 $144,000 $380,000 $2,839.70
2021/2022 $144,000 $380,000 $2,633.30
2020/2021 $93,000 $245,000 $2,339.60
2019/2020 $93,000 $245,000 $2,298.20
2018/2019 $93,000 $245,000 $2,201.30
2017/2018 $74,000 $165,000 $2,004.20
2016/2017 $74,000 $165,000 $1,975.00
2015/2016 $74,000 $165,000 $1,924.60