260 Tinakori Road Thorndon 6011

Summary

Capital value (RV) $37,000,000
Rates - total charge $126,698.42
Current rating year 1 July 2023 - 30 June 2024
Account number 1191611
Account status Current
Valuation number 17230-46100
Rates split between GWRC & WCC
Differential rating category Base
Billing category S1*
Land value $33,300,000
Land area 14,586 m2
Legal description SEC 1 SO 36604 - PREMIER HOUSE
* This property has a water meter

Valuation and rates

Valuation Details 2022 - 2023
Previous 		2023 - 2024
Current 		2024 - 2025
Next
Valuation date 1 September 2018 1 September 2021 1 September 2021
Rating effective date 01 July 2022 01 July 2023 01 July 2024
Land value $33,300,000 $33,300,000 $33,300,000
Capital value $37,000,000 $37,000,000 $37,000,000
Annual rate details
Annual rates $116,438.73 $126,698.42 $0.00

How rates are split between Wellington City Council and Regional Council

Description Method Rates
Wellington City Council (WCC)
Base General Rate - Full Capital Value $71,752.99
Base Sector Targeted Rate - Full Capital Value $5,511.89
Water & Stormwater
Base Stormwater Rate - Full Capital Value $8,991.74
Sewerage
Sewerage Fixed amount Per Rating Unit $139.32
Base Capital Value Sewerage Rate Capital Value $13,108.73
WCC sub total $99,504.67
Greater Wellington Regional Council (GWRC)
GWRC Base Economic Development Rate - Full Per Rating Unit $17.25
GWRC Base General Rate - Full Capital Value $11,925.10
GWRC Rivers Rate - Full Capital Value $25.90
GWRC Base Transport Rate - Full Capital Value $15,225.50
GWRC sub total $27,193.75
Grand total (WCC & GWRC) $126,698.42

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