Valuation No.

0581146900

Location

Mangatea Road, Te Kuiti

Legal Description

PT TAPUIWAHINE A8 BLKS II III OTANAKE SD -SUBJ TO PIPELINE EASEMENT ON DPS 36136 & 35238-SUBJ TO R/W

Certificate of Title

392852

Ward No.

2

Zone

1A

Use

11

Category

DFF

TORAS

361000

Property Area (hectares)

30.5410

Current Rating Valuation

As valued at 1 September 2024

Land Value

$462,000

Improvements Value

$36,000

Capital Value

$498,000

Nature of Improvements

Rates Information

Current Rating Year

2025/2026

Current Year Rates Instalments

Instalment 1.

$621.70

Instalment 2.

$621.70

Instalment 3.

$621.70

Instalment 4.

$621.70

Current Year's Rates

$2,486.80

Previous Year's Rates

$2,983.45

Rates for Current Year 2025/2026

Type Description (Basis) Factor Rate Estimated Amt
003 General Rate (C) 498,000.00 0.22791 $1,135.00
012 Solid Waste Rate (U) 1.00 330.00 $330.00
021 Uniform Annual General Charge (U) 1.00 250.00 $250.00
038 Stormwater Rural (U) 1.00 22.00 $22.00
084 Trade Waste Contribution TK (U) 1.00 42.00 $42.00
089 District Roading Rate - General (C) 498,000.00 0.12546 $624.80
119 District Wide Benefit Water (U) 1.00 40.00 $40.00
120 District Wide Benefit Wastewater (U) 1.00 43.00 $43.00
Total $2,486.80

History

Year Land Value Capital Value Annual Rates
2024/2025 $554,000 $587,000 $2,983.45
2023/2024 $554,000 $587,000 $2,847.80
2022/2023 $554,000 $587,000 $2,731.20
2021/2022 $573,000 $604,000 $3,202.85
2020/2021 $573,000 $604,000 $3,239.55
2019/2020 $573,000 $604,000 $3,154.40
2018/2019 $498,000 $526,000 $3,120.60
2017/2018 $498,000 $526,000 $3,071.85
2016/2017 $498,000 $526,000 $3,029.85
2015/2016 $460,000 $488,000 $2,843.40