Valuation No.
0581194500
Location
85 Rangitoto Road, Te Kuiti
Legal Description
PT LOT 1 DP 19124 BLK IV OTANAKE SD
Certificate of Title
SA27C/1250
Ward No.
2
Zone
7A
Use
71
Category
IFP
TORAS
121000
Property Area (hectares)
11.2905
Current Rating Valuation
As valued at 1 September 2024
Land Value
$750,000
Improvements Value
$7,500,000
Capital Value
$8,250,000
Nature of Improvements
Rates Information
Current Rating Year
2025/2026
Current Year Rates Instalments
Instalment 1.
$7,729.25
Instalment 2.
$7,729.25
Instalment 3.
$7,729.30
Instalment 4.
$7,729.25
Current Year's Rates
$30,917.05
Previous Year's Rates
$23,679.35
Rates for Current Year 2025/2026
| Type | Description (Basis) | Factor | Rate | Estimated Amt | |
|---|---|---|---|---|---|
| 003 | General Rate (C) | 8,250,000.00 | 0.22791 | $18,802.60 | |
| 010 | Te Kuiti Water Supply (U) | 1.00 | 966.00 | $966.00 | |
| 012 | Solid Waste Rate (U) | 1.00 | 330.00 | $330.00 | |
| 018 | Solid Waste Collection Te Kuit (U) | 1.00 | 71.00 | $71.00 | |
| 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) | 8,250,000.00 | 0.12546 | $10,350.45 | |
| 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 | $30,917.05 | ||||
History
| Year | Land Value | Capital Value | Annual Rates |
|---|---|---|---|
| 2024/2025 | $670,000 | $5,930,000 | $23,679.35 |
| 2023/2024 | $670,000 | $5,930,000 | $24,105.85 |
| 2022/2023 | $670,000 | $5,930,000 | $22,735.70 |
| 2021/2022 | $335,000 | $5,285,000 | $21,870.20 |
| 2020/2021 | $335,000 | $5,285,000 | $22,503.85 |
| 2019/2020 | $335,000 | $5,285,000 | $21,404.00 |
| 2018/2019 | $305,000 | $4,545,000 | $21,152.70 |
| 2017/2018 | $305,000 | $4,545,000 | $21,000.70 |
| 2016/2017 | $305,000 | $4,545,000 | $19,996.45 |
| 2015/2016 | $335,000 | $4,295,000 | $18,735.20 |