Property Details
Valuation No.
18030-46400
Location
28 Second Street, Masterton
Legal Description
PT LOT 5 DP 11359
Certificate of Title
F3/638
Ward No.
2
Zone
9A
Use
91
Category
RD194
TORAS
121000
Property Area (hectares)
0.1311
Current Rating Valuation
As valued at 1 September 2023
Land Value
$360,000
Improvements Value
$380,000
Capital Value
$740,000
Nature of Improvements
New Rating Valuation
As valued at 1 September 2023
New Land Value
$360,000
New Improvements Value
$380,000
New Capital Value
$740,000
Rates Information
Current Rating Year
2024/2025
Current Year Rates Instalments
Instalment 1.
$1,269.40
Instalment 2.
$1,269.40
Instalment 3.
$1,269.50
Instalment 4.
$1,269.40
Current Year's Rates
$5,077.70
Previous Year's Rates
$4,774.10
Rates for Next Year 2025/2026
| Type | Description (Basis) | Factor | Rate | Estimated Amt | |
|---|---|---|---|---|---|
| 001 | Roading rate (L) | 360,000.00 | 0.001536 | $552.96 | |
| 016 | Civic Amenities rate (C) | 740,000.00 | 0.000682 | $504.68 | |
| 026 | Urban Wastewater rate (C) | 740,000.00 | 0.000984 | $728.16 | |
| 031 | Sundry Facilities rate (C) | 740,000.00 | 0.000488 | $361.12 | |
| 041 | Water rate (C) | 740,000.00 | 0.000689 | $509.86 | |
| 046 | Annual charge () | 1.00 | 575.00 | $575.00 | |
| 056 | Roading charge () | 1.00 | 99.00 | $99.00 | |
| 061 | Recycling Collection charge () | 1.00 | 104.00 | $104.00 | |
| 066 | Water Supply charge () | 1.00 | 190.00 | $190.00 | |
| 070 | Urban Wastewater charge () | 1.00 | 277.00 | $277.00 | |
| 086 | GWRC General (C) | 740,000.00 | 0.0005127 | $379.40 | |
| 091 | GWRC Public Transport (C) | 740,000.00 | 0.0003181 | $235.39 | |
| 096 | GWRC Stadium Purposes (C) | 740,000.00 | 0.0000009 | $0.67 | |
| 101 | GWRC Wellington Regional Economic Devleopment (U) | 1.00 | 17.25 | $17.25 | |
| 111 | Representation & Development (C) | 740,000.00 | 0.000441 | $326.34 | |
| 121 | Regulatory Services rate (C) | 740,000.00 | 0.000634 | $469.16 | |
| 201 | GWRC Te Kauru River Management (C) | 740,000.00 | 0.0000717 | $53.06 | |
| Total | $5,383.05 | ||||
History
| Year | Land Value | Capital Value | Annual Rates |
|---|---|---|---|
| 2023/2024 | $335,000 | $670,000 | $4,774.10 |
| 2022/2023 | $335,000 | $670,000 | $4,444.50 |
| 2021/2022 | $335,000 | $670,000 | $4,122.10 |
| 2020/2021 | $215,000 | $475,000 | $3,876.30 |
| 2019/2020 | $215,000 | $475,000 | $3,801.20 |
| 2018/2019 | $215,000 | $475,000 | $3,648.60 |
| 2017/2018 | $170,000 | $360,000 | $3,347.40 |
| 2016/2017 | $170,000 | $360,000 | $3,276.10 |
| 2015/2016 | $170,000 | $360,000 | $3,183.90 |
| 2014/2015 | $170,000 | $365,000 | $3,098.40 |