Domain Leasehold Land

New Plymouth District Council manages the Holiday Cottage leasehold sites located on reserve land at Onaero, Urenui and Tongaporutu.

 

The Lease

 The Lease is a ground lease which means that NPDC (the Lessor) gives the right to use and occupy the land to the Holiday Cottage owner (the Lessee) in return for the payment of rent by the Lessee.  Any improvements on the land form part of the leasehold interest and are owned by the Lessee.

 

How much is the rent?

The rent payable is determined by regular rent reviews during the term of the Lease, such reviews may result in a rent increase.

 

Rent Payments

Under the Lease, rent is payable annually in advance. NPDC offers flexible payment options as outlined below:

  • Credit Card - using the secure online payment service here. Please note a processing fee applies.
  • Direct debit - Weekly, fortnightly or other periodic payments can be made to suit your budget. Please complete the direct debit form and return it to Council.
  • Internet banking - New Plymouth District Council bank account: 03-0713-0357528-07 or payment can be made in person at Westpac Bank. Please make sure you include your surname, relevant code (i.e. debtor number) and the reference 'Debtor'.
  • In person - at the Civic Centre or one of our service centres in Waitara, Bell Block or Inglewood.

If you have any questions regarding any of these options please contact the NPDC Finance Team on 06-759 6060.

 

Renewal of the lease

If a renewal is provided for in the Lease, the Lessee is required to provide written notice to NPDC requesting renewal of the Lease at least six months before the Lease is due to expire.

 

Selling your Holiday Cottage

When you sell your Holiday Cottage, NPDC need to consent to the transfer of the Lesseeā€™s interests. You will need to complete the Application for consent to assign a Domain Lease which includes a checklist that outlines the requirements to be met before NPDC will consent to assign the lease.

The NPDC administration fee is $470 per consent, however, fees are subject to annual changes in accordance with NPDC fees and charges policy. Please allow fifteen (15) working days for the request to be processed. 

 

Disclaimer

NPDC recommends that independent legal advice is obtained prior to purchasing a leasehold property. The above advice is provided for guidance purposes only and does not claim to be legal advice. NPDC shall not accept any claim of loss or liability based on the above information.