Valuation No.

0582115701

Location

281 Mangakowhai Road, Piopio

Legal Description

LOT 2 DPS 68533 LOTS 3 6 DPS 35845 BLKS V IX OTANAKE SD-SUBJ TO PIPELINE EASEMENT ON DPS 36128-INT IN R/W ON DPS 68533

Certificate of Title

SA55D/357

Ward No.

4

Zone

1A

Use

12

Category

PFE

TORAS

211000

Property Area (hectares)

63.4770

Current Rating Valuation

As valued at 1 September 2024

Land Value

$1,040,000

Improvements Value

$660,000

Capital Value

$1,700,000

Nature of Improvements

Rates Information

Current Rating Year

2025/2026

Current Year Rates Instalments

Instalment 1.

$1,689.55

Instalment 2.

$1,689.55

Instalment 3.

$1,689.60

Instalment 4.

$1,689.55

Current Year's Rates

$6,758.25

Previous Year's Rates

$6,493.40

Rates for Current Year 2025/2026

Type Description (Basis) Factor Rate Estimated Amt
003 General Rate (C) 1,700,000.00 0.22791 $3,874.45
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) 1,700,000.00 0.12546 $2,132.80
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 $6,758.25

History

Year Land Value Capital Value Annual Rates
2024/2025 $920,000 $1,530,000 $6,493.40
2023/2024 $920,000 $1,530,000 $5,964.40
2022/2023 $920,000 $1,530,000 $5,688.95
2021/2022 $860,000 $1,390,000 $5,810.40
2020/2021 $860,000 $1,390,000 $5,897.85
2019/2020 $860,000 $1,390,000 $5,655.70
2018/2019 $750,000 $1,230,000 $5,721.20
2017/2018 $750,000 $1,230,000 $5,651.30
2016/2017 $750,000 $1,230,000 $5,546.80
2015/2016 $710,000 $1,185,000 $5,291.75