Valuation No.

18030-51500A

Location

24A First Street, Masterton

Legal Description

PRINCIPAL UNIT A AUA1 UP 42653 HAVING 1/3 INT IN 721 SQ METRES BEING LOT 3 DP 40641

Certificate of Title

14A/299

Ward No.

2

Zone

9A

Use

92

Category

RF197

TORAS

001200

Property Area (hectares)

0.0000

Current Rating Valuation

As valued at 1 September 2023

Land Value

$200,000

Improvements Value

$190,000

Capital Value

$390,000

Nature of Improvements

New Rating Valuation

As valued at 1 September 2023

New Land Value

$200,000

New Improvements Value

$190,000

New Capital Value

$390,000

New Nature of Improvements

Rates Information

Current Rating Year

2025/2026

Current Year Rates Instalments

Instalment 1.

$857.40

Instalment 2.

$857.40

Instalment 3.

$857.40

Instalment 4.

$857.40

Current Year's Rates

$3,429.60

Previous Year's Rates

$3,257.30

Rates for Current Year 2025/2026

Type Description (Basis) Factor Rate Estimated Amt
001 Roading rate (L) 200,000.00 0.001462 $292.40
016 Civic Amenities rate (C) 390,000.00 0.000682 $266.00
026 Urban Wastewater rate (C) 390,000.00 0.000987 $384.90
031 Sundry Facilities rate (C) 390,000.00 0.000503 $196.20
041 Water rate (C) 390,000.00 0.000701 $273.40
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) 390,000.00 0.0005127 $200.00
091 GWRC Public Transport (C) 390,000.00 0.0003181 $124.10
096 GWRC Stadium Purposes (C) 390,000.00 0.0000009 $0.40
101 GWRC Wellington Regional Economic Devleopment (U) 1.00 17.25 $17.30
111 Representation & Development (C) 390,000.00 0.000433 $168.90
121 Regulatory Services rate (C) 390,000.00 0.000604 $235.60
201 GWRC Te Kauru River Management (C) 390,000.00 0.0000717 $28.00
Total $3,429.60

History

Year Land Value Capital Value Annual Rates
2024/2025 $200,000 $390,000 $3,257.30
2023/2024 $165,000 $300,000 $2,671.70
2022/2023 $165,000 $300,000 $2,496.40
2021/2022 $165,000 $300,000 $2,318.50
2020/2021 $106,000 $225,000 $2,247.80
2019/2020 $106,000 $225,000 $2,205.30
2018/2019 $106,000 $225,000 $2,112.70
2017/2018 $85,000 $150,000 $1,940.70
2016/2017 $85,000 $150,000 $1,913.50
2015/2016 $85,000 $150,000 $1,866.20