Valuation No.

0582113100

Location

305 Mairoa Road, Piopio

Legal Description

SECS 2 3 SO 59092 SECS 36-40 PT SEC 13 BLK IX OTANAKE SD-SUBJ TO PIPELINE EASEMENT ON DPS 36125-SUBJ TO R/W ON DPS 65550

Certificate of Title

SA51B/925

Ward No.

4

Zone

1A

Use

12

Category

PFE

TORAS

111000

Property Area (hectares)

127.5349

Current Rating Valuation

As valued at 1 September 2024

Land Value

$1,800,000

Improvements Value

$400,000

Capital Value

$2,200,000

Nature of Improvements

Rates Information

Current Rating Year

2025/2026

Current Year Rates Instalments

Instalment 1.

$2,131.30

Instalment 2.

$2,131.25

Instalment 3.

$2,131.30

Instalment 4.

$2,131.25

Current Year's Rates

$8,525.10

Previous Year's Rates

$8,898.95

Rates for Current Year 2025/2026

Type Description (Basis) Factor Rate Estimated Amt
003 General Rate (C) 2,200,000.00 0.22791 $5,014.00
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
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) 2,200,000.00 0.12546 $2,760.10
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 $8,525.10

History

Year Land Value Capital Value Annual Rates
2024/2025 $1,700,000 $2,180,000 $8,898.95
2023/2024 $1,700,000 $2,180,000 $8,167.75
2022/2023 $1,700,000 $2,180,000 $7,773.15
2021/2022 $1,520,000 $1,960,000 $7,744.85
2020/2021 $1,520,000 $1,960,000 $7,885.90
2019/2020 $1,520,000 $1,960,000 $7,528.40
2018/2019 $1,330,000 $1,720,000 $7,579.20
2017/2018 $1,330,000 $1,720,000 $7,494.70
2016/2017 $1,330,000 $1,720,000 $7,366.95
2015/2016 $1,330,000 $1,720,000 $7,252.45