Leasehold titles in Tamatea
LINZ records 309 leasehold titles in Tamatea, 13.7% of its 2,255 live titles: well above Napier City as a whole (8.4%) and well above New Zealand (1.2%).
- Leasehold titles
- 309
- Share of live titles
- 13.7%
- Napier City share
- 8.4%
- New Zealand share
- 1.2%
- Rank by share in Napier City, among suburbs with 50+ leasehold titles
- 2 of 9
By share it is 2nd highest of 9 in Napier City, among suburbs with 50 or more leasehold titles; across New Zealand it is in the top tenth of the 137 such suburbs.
Lease terms in Tamatea
All 309 are ground leases; the largest group, 57%, comprises leases with more than 50 years of stated term left.
| Stated lease term | Titles |
|---|---|
| Stated term has ended | 68 |
| Under 10 years left | 0 |
| 10 to 50 years left | 1 |
| More than 50 years left | 175 |
| Term mentions renewal | 37 |
| Term not stated or not readable | 28 |