Valuation No.

0582109000

Location

428 Mangaotaki Road, Piopio

Legal Description

LOT 1 DPS 65116 LOT 2 DPS 12931 LOT 1 PT LOT 2 DP 12995 LOTS 1-3 DP 13704 KINOHAKU EAST 4F2 4F3B1 4F3B3 BLK IX OTANAKE SD BLK XII MAUNGAMANGERO SD- SUBJ TO PIPELINE EASEMENT ON DPS 36124-SUBJ TO R

Certificate of Title

SA221/60 SA356/55 SA356/56 SA1203/88

Ward No.

4

Zone

1A

Use

12

Category

PFB

TORAS

111000

Property Area (hectares)

503.8306

Current Rating Valuation

As valued at 1 September 2024

Land Value

$5,550,000

Improvements Value

$1,310,000

Capital Value

$6,860,000

Nature of Improvements

Rates Information

Current Rating Year

2025/2026

Current Year Rates Instalments

Instalment 1.

$6,398.55

Instalment 2.

$6,398.55

Instalment 3.

$6,398.55

Instalment 4.

$6,398.55

Current Year's Rates

$25,594.20

Previous Year's Rates

$24,977.75

Rates for Current Year 2025/2026

Type Description (Basis) Factor Rate Estimated Amt
003 General Rate (C) 6,860,000.00 0.22791 $15,634.65
012 Solid Waste Rate (U) 2.00 330.00 $660.00
021 Uniform Annual General Charge (U) 2.00 250.00 $500.00
038 Stormwater Rural (U) 2.00 22.00 $44.00
079 Piopio Retirement Village Cont (U) 1.00 24.00 $24.00
084 Trade Waste Contribution TK (U) 1.00 42.00 $42.00
089 District Roading Rate - General (C) 6,860,000.00 0.12546 $8,606.55
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 $25,594.20

History

Year Land Value Capital Value Annual Rates
2024/2025 $5,100,000 $6,350,000 $24,977.75
2023/2024 $5,100,000 $6,350,000 $22,916.20
2022/2023 $5,100,000 $6,350,000 $21,771.30
2021/2022 $4,050,000 $5,160,000 $19,539.00
2020/2021 $4,050,000 $5,160,000 $19,940.50
2019/2020 $4,050,000 $5,160,000 $18,966.65
2018/2019 $3,520,000 $4,540,000 $19,161.65
2017/2018 $3,520,000 $4,540,000 $18,939.50
2016/2017 $3,520,000 $4,540,000 $18,681.80
2015/2016 $3,550,000 $4,550,000 $18,446.85