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Properties & Rates
~ Ngā wehenga whenua me ngā take kaunihera

house

Leasehold Land

HBRC currently owns several hundred leasehold land properties in Napier.

Leasehold Service

HBRC offers continued support to leaseholders, including information on the financial support and assistance available, if you are having difficulties with lease payments. If you need it, our Finance team can help you to prepare an application to Work and Income New Zealand for receipt of the Government’s Accommodation Supplement. Contact HBRC Leasehold staff 06 835 9212 or email leasehold@hbrc.govt.nz.

Definitions

Lessees interest – represents the value for the lessee because Council can only sell to the lessee and the lessee has a perpetual right to renew for further 21 year periods.

Market value – what the land would be worth if it was vacant.

Lessors value – value to the Council of the property based on the future cash flows discounted back to present value.

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While every endeavour has been taken by the Hawke's Bay Regional Council to ensure that the information on this website is accurate and up to date, Hawke's Bay Regional Council shall not be liable for any loss suffered through the use, directly or indirectly, of information on this website. Information contained has been assembled in good faith. Some of the information available in this site is from the New Zealand Public domain and supplied by relevant government agencies. Hawke's Bay Regional Council cannot accept any liability for its accuracy or content. Portions of the Hawke's Bay Regional Council information and material on this site, including data, pages, documents, online graphics and images are protected by copyright, unless specifically notified to the contrary. Externally sourced information or material is copyright to the respective provider.

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