Leasehold titles in Castlecliff
LINZ records 59 leasehold titles in Castlecliff, 2.2% of its 2,667 live titles: well above Whanganui District as a whole (1.4%) and well above New Zealand (1.2%).
- Leasehold titles
- 59
- Share of live titles
- 2.2%
- Whanganui District share
- 1.4%
- New Zealand share
- 1.2%
Across New Zealand its share is in the bottom quarter of the 137 such suburbs.
Lease terms in Castlecliff
All 59 are ground leases; the largest group, 66%, comprises leases that mention renewal, including perpetually renewable leases.
| Stated lease term | Titles |
|---|---|
| Stated term has ended | 2 |
| Under 10 years left | 3 |
| 10 to 50 years left | 6 |
| More than 50 years left | 8 |
| Term mentions renewal | 39 |
| Term not stated or not readable | 1 |
New leasehold titles since 2020
24 of Castlecliff's leasehold titles were first issued since 2020: 8% of all its new titles in that time, well above Whanganui District (3%).