Valuation No.
1918010505
Location
188 Rait Road, Owen River
Legal Description
LOTS 2-4 DP 346493 SEC 1 SO 14857 PT SEC 3 BLK VII SEC 6 BLK XII MATIRI S D
Certificate of Title
191035 10A/675
Ward No.
2
Zone
1B
Use
12
Category
PFE
TORAS
121000
Property Area (hectares)
132.6014
Current Rating Valuation
As valued at 1 September 2023
Land Value
$2,280,000
Improvements Value
$355,000
Capital Value
$2,635,000
Nature of Improvements
New Rating Valuation
As valued at 1 September 2023
New Land Value
$2,280,000
New Improvements Value
$355,000
New Capital Value
$2,635,000
Rates Information
Current Rating Year
2026/2027
Current Year Rates Instalments
Instalment 1.
$1,807.51
Instalment 2.
$1,807.51
Instalment 3.
$1,807.51
Instalment 4.
$1,807.51
Current Year's Rates
$7,230.04
Previous Year's Rates
$6,911.79
Rates for Current Year 2026/2027
| Type | Description (Basis) | Factor | Rate | Estimated Amt | |
|---|---|---|---|---|---|
| 001 | General Rate (C) | 2,635,000.00 | 0.2218c/$CV | $5,844.43 | |
| 010 | Uniform Annual General Charge (U) | 1.00 | $429.00/Pty | $429.00 | |
| 040 | WaimeaComDam-Env&ComBen-Distri (U) | 1.00 | $76.69/Pty | $76.69 | |
| 109 | Shared Facilities Rate (U) | 1.00 | $74.92/Pty | $74.92 | |
| 120 | Mapua Rehabilitation Rate (U) | 1.00 | $3.66/Pty | $3.66 | |
| 121 | 2025 Weather Event Recovery Rate (U) | 1.00 | $123.48/Pty | $123.48 | |
| 125 | Museums Facilities Rate (U) | 1.00 | $74.34/Pty | $74.34 | |
| 126 | District Facilities Rate (U) | 1.00 | $142.53/Pty | $142.53 | |
| 174 | Regional River Works - Area Z (L) | 2,280,000.00 | 0.0134c/$LV | $305.52 | |
| 182 | Stormwater: General Drainage (C) | 2,635,000.00 | 0.0059c/$CV | $155.47 | |
| Total | $7,230.04 | ||||
Water
| Account | Location | Meter ID | Tariff | Charged YTD | Last Year |
|---|
History
| Year | Land Value | Capital Value | Annual Rates |
|---|---|---|---|
| 2025/2026 | $2,280,000 | $2,635,000 | $6,911.79 |
| 2024/2025 | $2,280,000 | $2,635,000 | $6,624.08 |
| 2023/2024 | $1,820,000 | $2,150,000 | $6,058.32 |
| 2022/2023 | $1,820,000 | $2,150,000 | $5,447.66 |
| 2021/2022 | $1,820,000 | $2,150,000 | $5,131.77 |
| 2020/2021 | $1,590,000 | $1,900,000 | $5,295.81 |
| 2019/2020 | $1,590,000 | $1,900,000 | $5,337.92 |
| 2018/2019 | $1,590,000 | $1,900,000 | $5,180.18 |
| 2017/2018 | $1,380,000 | $1,650,000 | $5,336.55 |
| 2016/2017 | $1,380,000 | $1,650,000 | $5,246.50 |