Leasehold titles in Napier South
LINZ records 371 leasehold titles in Napier South, 12.1% of its 3,065 live titles: above Napier City as a whole (8.4%) and well above New Zealand (1.2%).
Napier South: leasehold titles
- Leasehold titles
- 371
- Share of live titles
- 12.1%
- Napier City share
- 8.4%
- New Zealand share
- 1.2%
- Rank by share in Napier City, among suburbs with 50+ leasehold titles
- 4 of 9
Across New Zealand its share is in the top quarter of the 137 such suburbs.
Lease terms in Napier South
255 of 371 are ground leases and 116 leasehold units; the largest group, 45%, comprises leases with no stated or readable term.
| Stated lease term | Titles |
|---|---|
| Stated term has ended | 24 |
| Under 10 years left | 4 |
| 10 to 50 years left | 7 |
| More than 50 years left | 143 |
| Term mentions renewal | 25 |
| Term not stated or not readable | 168 |