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Leasehold titles in Gate Pa

LINZ records 61 leasehold titles in Gate Pa, 2.4% of its 2,563 live titles: close to Tauranga City as a whole (2.4%) and well above New Zealand (1.2%).

Gate Pa: leasehold titles

Leasehold titles
61
Share of live titles
2.4%
Tauranga City share
2.4%
New Zealand share
1.2%
Rank by share in Tauranga City, among suburbs with 50+ leasehold titles
9 of 10

https://data.linz.govt.nz/layer/50804-nz-property-titles/

By share it is 2nd lowest of 10 in Tauranga City, among suburbs with 50 or more leasehold titles; across New Zealand it is in the bottom quarter of the 137 such suburbs.

Lease terms in Gate Pa

All 61 are ground leases; the largest group, 93%, comprises leases with more than 50 years of stated term left.

Stated lease termTitles
Stated term has ended0
Under 10 years left0
10 to 50 years left1
More than 50 years left57
Term mentions renewal2
Term not stated or not readable1

Tauranga City suburbs with the most leasehold titles

SuburbLeasehold titlesShare
Mount Maunganui3592.5%
Otūmoetai2296.0%
Papamoa Beach2081.7%
Tauranga South2027.6%
Tauranga1415.8%
Matua1084.8%
Bellevue563.6%
Judea503.1%
Maungatapu504.2%

Sources and limits