Cross-lease titles in Hataitai
LINZ records 131 cross-lease titles in Hataitai, 5.6% of its 2,350 live titles: close to Wellington City as a whole (5.6%) and well below New Zealand (8.7%).
- Cross-lease titles
- 131
- Share of live titles
- 5.6%
- Wellington City share
- 5.6%
- New Zealand share
- 8.7%
- Rank by share in Wellington City, among suburbs with 50+ cross-lease titles
- joint 15 of 23
Across New Zealand its share is in the bottom quarter of the 559 such suburbs.
How the cross-leases in Hataitai are set up
More schemes have four or more flats on one section (38%, against 11% nationally), up to 18.
Fewer leases include a garage (13% of schemes, against 28% nationally).
Less land per flat than is typical in New Zealand: about 224 m² per flat, against 408 m².
| Scheme structure | Hataitai | Wellington City | New Zealand |
|---|---|---|---|
| Cross-lease schemes (shared sections) | 40 | 2,130 | 87,651 |
| Two-flat schemes | 47.5% | 82.4% | 76.2% |
| Three-flat schemes | 15.0% | 6.7% | 12.2% |
| Four or more flats | 37.5% | 10.4% | 11.4% |
| Typical section size (from the titles, not a survey) | 727 m² | 759 m² | 908 m² |
| Typical land per flat | 224 m² | 350 m² | 408 m² |
| Schemes with a garage written into a lease | 12.5% | 18.0% | 28.4% |
| Schemes with a carport in a lease | 0.0% | 8.1% | 13.3% |
| Schemes with a separate exclusive-use area | 0.0% | 4.3% | 4.5% |
| Schemes referring to more than one flats plan (usually redrawn; not by itself a problem) | 22.5% | 22.5% | 35.6% |
| Median year of earliest current title | 1988 | 1987 | 1988 |
| Two-flat schemes on 700 m² or more | 8 | 991 | 54,978 |