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Rental arrangement categories

Rent is determined using the rent assessment category assigned to the lease and the unimproved value of the land.

Minimum rent

A minimum rent applies to some categories and this is indexed annually. Note: in some cases GST may apply. The new minimum rents come into effect on 1 July each year.

Rent determination by rental category

Rental category

Purpose

Annual rent

11

Primary production, including aquaculture, viticulture and agriculture

Minimum rent: fee 34948

Note: GST may be charged in addition to this fee as per section 448A of the Land Act 1994.

Calculated rent:

Primary production – perpetual leases: 1.5% of the land value

Primary production – term leases, licences and permits to occupy: 0.75% of the land value

The annual rent is capped at no more than 10% above the previous year's annual rent

12

Residential

Minimum rent: fee 34948

Note: GST may be charged in addition to this fee as per section 448A of the Land Act 1994.

Calculated rent: 6% of the 3-year average land value

13

Business and government core business

Minimum rent: fee 34948

Note: GST may be charged in addition to this fee as per section 448A of the Land Act 1994.

Calculated rent: 6% of the 3-year average land value

14.1

Charities and small sporting or recreational clubs with no more than 2000 members

fee 34945

Note: GST may be charged in addition to this fee as per section 448A of the Land Act 1994.

14.2

Large sporting or recreational clubs with more than 2000 members

Minimum rent: fee 34949

Note: GST may be charged in addition to this fee as per section 448A of the Land Act 1994.

Calculated rent: 5% for the land on which the clubhouse and associated amenities are situated
+
1% for the remainder of the land under the lease

15.1

Communication sites (community service activities)

fee 34945

Note: GST may be charged in addition to this fee as per section 448A of the Land Act 1994.

15.2

Communication sites (limited commercial service activities—rural)

fee 34946

Note: GST may be charged in addition to this fee as per section 448A of the Land Act 1994.

15.3

Communication sites (limited commercial service activities—urban)

fee 34947

Note: GST may be charged in addition to this fee as per section 448A of the Land Act 1994.

15.4

Communication sites (non-community service—rural)

fee 34951

Note: GST may be charged in addition to this fee as per section 448A of the Land Act 1994.

15.5

Communication sites (non-community service—urban)

fee 35008

Note: GST may be charged in addition to this fee as per section 448A of the Land Act 1994.

16

Divestment

Minimum rent: fee 34948

Note: GST may be charged in addition to this fee as per section 448A of the Land Act 1994.

Calculated rent: 7% of the most recent land value

Rental arrangement categories

In this guide:

  1. 11 - Primary production
  2. 12 - Residential
  3. 13 - Business and core government business
  4. 14.1 - Charities and small sporting or recreational clubs
  5. 14.2 - Large sporting or recreational clubs
  6. 15 - Communication sites
  7. 16 - Divestment

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