Valuation No.

0581153000

Location

Te Kumi Road, Te Kuiti

Legal Description

PT DP 15840 SEC 61 BLK III OTANAKE SD-PT BROOK PARK REC RES-GAZ 80/2134- BAL AT 5886 02800

Certificate of Title

Ward No.

2

Zone

0X

Use

55

Category

op

TORAS

141000

Property Area (hectares)

51.9942

Current Rating Valuation

As valued at 1 September 2024

Land Value

$800,000

Improvements Value

$80,000

Capital Value

$880,000

Nature of Improvements

Rates Information

Current Rating Year

2025/2026

Current Year Rates Instalments

Instalment 1.

$259.25

Instalment 2.

$259.25

Instalment 3.

$259.25

Instalment 4.

$259.25

Current Year's Rates

$1,037.00

Previous Year's Rates

$922.00

Rates for Current Year 2025/2026

Type Description (Basis) Factor Rate Estimated Amt
010 Te Kuiti Water Supply (U) 1.00 966.00 $966.00
018 Solid Waste Collection Te Kuit (U) 1.00 71.00 $71.00
Total $1,037.00

History

Year Land Value Capital Value Annual Rates
2024/2025 $660,000 $704,000 $922.00
2023/2024 $660,000 $704,000 $804.00
2022/2023 $660,000 $704,000 $786.00
2021/2022 $600,000 $640,000 $704.00
2020/2021 $600,000 $640,000 $725.00
2019/2020 $600,000 $640,000 $634.00
2018/2019 $520,000 $555,000 $645.00
2017/2018 $520,000 $555,000 $624.00
2016/2017 $520,000 $555,000 $596.00
2015/2016 $520,000 $555,000 $0.00