Valuation No.

18030-50900B

Location

2/5 Totara Street, Masterton

Legal Description

FLAT 2 CARPORT B DP 52015 HAVING 1/3 INTIN 862 SQ M BEING LOT 4 DP 27047

Certificate of Title

22A/222

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

$115,000

Capital Value

$290,000

Nature of Improvements

New Rating Valuation

As valued at 1 September 2023

New Land Value

$175,000

New Improvements Value

$115,000

New Capital Value

$290,000

New Nature of Improvements

Rates Information

Current Rating Year

2025/2026

Current Year Rates Instalments

Instalment 1.

$727.90

Instalment 2.

$727.90

Instalment 3.

$728.00

Instalment 4.

$727.90

Current Year's Rates

$2,911.70

Previous Year's Rates

$2,763.60

Rates for Next Year 2026/2027

Type Description (Basis) Factor Rate Estimated Amt
001 Roading rate (L) 175,000.00 0.001462 $255.85
016 Civic Amenities rate (C) 290,000.00 0.000682 $197.78
026 Urban Wastewater rate (C) 290,000.00 0.000987 $286.23
031 Sundry Facilities rate (C) 290,000.00 0.000503 $145.87
041 Water rate (C) 290,000.00 0.000701 $203.29
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) 290,000.00 0.0005127 $148.68
091 GWRC Public Transport (C) 290,000.00 0.0003181 $92.25
096 GWRC Stadium Purposes (C) 290,000.00 0.0000009 $0.26
101 GWRC Wellington Regional Economic Devleopment (U) 1.00 17.25 $17.25
111 Representation & Development (C) 290,000.00 0.000433 $125.57
121 Regulatory Services rate (C) 290,000.00 0.000604 $175.16
201 GWRC Te Kauru River Management (C) 290,000.00 0.0000717 $20.79
Total $2,911.39

History

Year Land Value Capital Value Annual Rates
2024/2025 $175,000 $290,000 $2,763.60
2023/2024 $144,000 $290,000 $2,590.90
2022/2023 $144,000 $290,000 $2,421.60
2021/2022 $144,000 $290,000 $2,248.20
2020/2021 $93,000 $190,000 $2,321.60
2019/2020 $93,000 $190,000 $2,283.10
2018/2019 $93,000 $190,000 $2,199.30
2017/2018 $74,000 $122,000 $2,051.60
2016/2017 $74,000 $122,000 $2,029.90
2015/2016 $74,000 $122,000 $1,988.30