Valuation No.
1918014900
Location
113 Rait Road, Owen River
Legal Description
LOT 2 DP 311021 PT SEC 12 BLK XI PT LOTS 1-2 OF SEC 7 PT SEC 1 BLK XII MATIRI SD
Certificate of Title
43268 5D/736 5D/737
Ward No.
2
Zone
1B
Use
12
Category
PFE
TORAS
111000
Property Area (hectares)
268.7584
Current Rating Valuation
As valued at 1 September 2023
Land Value
$2,820,000
Improvements Value
$310,000
Capital Value
$3,130,000
Nature of Improvements
New Rating Valuation
As valued at 1 September 2023
New Land Value
$2,820,000
New Improvements Value
$310,000
New Capital Value
$3,130,000
Rates Information
Current Rating Year
2026/2027
Current Year Rates Instalments
Instalment 1.
$2,107.38
Instalment 2.
$2,107.38
Instalment 3.
$2,107.38
Instalment 4.
$2,107.37
Current Year's Rates
$8,429.51
Previous Year's Rates
$8,080.39
Rates for Current Year 2026/2027
| Type | Description (Basis) | Factor | Rate | Estimated Amt | |
|---|---|---|---|---|---|
| 001 | General Rate (C) | 3,130,000.00 | 0.2218c/$CV | $6,942.34 | |
| 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 | $142.53 | |
| 174 | Regional River Works - Area Z (L) | 2,820,000.00 | 0.0134c/$LV | $377.88 | |
| 182 | Stormwater: General Drainage (C) | 3,130,000.00 | 0.0059c/$CV | $184.67 | |
| Total | $8,429.51 | ||||
Water
| Account | Location | Meter ID | Tariff | Charged YTD | Last Year |
|---|
History
| Year | Land Value | Capital Value | Annual Rates |
|---|---|---|---|
| 2025/2026 | $2,820,000 | $3,130,000 | $8,080.39 |
| 2024/2025 | $2,820,000 | $3,130,000 | $7,735.75 |
| 2023/2024 | $2,430,000 | $2,720,000 | $7,515.23 |
| 2022/2023 | $2,430,000 | $2,720,000 | $6,753.08 |
| 2021/2022 | $2,430,000 | $2,720,000 | $6,360.68 |
| 2020/2021 | $2,360,000 | $2,630,000 | $7,162.41 |
| 2019/2020 | $2,360,000 | $2,630,000 | $7,221.03 |
| 2018/2019 | $2,360,000 | $2,630,000 | $6,992.82 |
| 2017/2018 | $2,050,000 | $2,290,000 | $7,233.44 |
| 2016/2017 | $2,050,000 | $2,290,000 | $7,111.50 |