Valuation No.

1937064305

Location

677 Eighty Eight Valley Road, Wakefield

Legal Description

LOT 2 DP 481807 LOT 2 DP 520872 SEC 1 SO 14893 LOT 2 DP 17 PT LOT 2 DP 1092 PT LOT 1 DP 5686 LOT 1 DP 6091 LOT 1 DP 19353 SEC 1-2 SO 12003 SEC 13 PT SECS 8 43 PT SEC 2 OF SEC 12 WAI-ITI HILLS PT SECS XXV XXIII XXIV WAIMEA DIST S

Certificate of Title

676649 0/822579 0/952236 10A/738 12C/109

Ward No.

2

Zone

1B

Use

12

Category

PGA

TORAS

111000

Property Area (hectares)

750.3009

Current Rating Valuation

As valued at 1 September 2023

Land Value

$10,350,000

Improvements Value

$1,650,000

Capital Value

$12,000,000

Nature of Improvements

New Rating Valuation

As valued at 1 September 2023

New Land Value

$10,350,000

New Improvements Value

$1,650,000

New Capital Value

$12,000,000

New Nature of Improvements

Rates Information

Current Rating Year

2026/2027

Current Year Rates Instalments

Instalment 1.

$13,944.11

Instalment 2.

$13,944.10

Instalment 3.

$13,944.11

Instalment 4.

$13,944.10

Current Year's Rates

$55,776.42

Previous Year's Rates

$50,885.12

Rates for Current Year 2026/2027

Type Description (Basis) Factor Rate Estimated Amt
001 General Rate (C) 12,000,000.00 0.2218c/$CV $26,616.00
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
051 88 Valley Water Service Charge (U) 1.00 $714.45/pty $714.45
068 88 ValleyWaterSupp-Variablechg (U) 35.00 $726.47/1m3/day $25,426.45
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 $142.53
174 Regional River Works - Area Z (L) 10,350,000.00 0.0134c/$LV $1,386.90
182 Stormwater: General Drainage (C) 12,000,000.00 0.0059c/$CV $708.00
Total $55,776.42

Water

Account Location Meter ID Tariff Charged YTD Last Year
WR88V103 677 Eighty Eight Valley Road, Wakefield RESTRICTOR 0 $0.00 $0.00
WR88V104 677 Eighty Eight Valley Road, Wakefield RESTRICTOR 0 $0.00 $0.00
WR88V105 677 Eighty Eight Valley Road, Wakefield RESTRICTOR 0 $0.00 $0.00

History

Year Land Value Capital Value Annual Rates
2025/2026 $10,350,000 $12,000,000 $50,885.12
2024/2025 $10,350,000 $12,000,000 $45,383.85
2023/2024 $8,540,000 $10,070,000 $43,622.26
2022/2023 $8,540,000 $10,070,000 $36,881.18
2021/2022 $8,540,000 $10,070,000 $0.00