Insuring Information

Insurance Rebuild information

Dear Member,

Here is some useful Hastings District Council data relevant to the question of rebuilding the Rudolf Steiner Centre should it be destroyed by fire.

Name of building

Rudolf Steiner Centre

Postal Address

500 Nelson Street North, Hastings 4122

Frontage

401 Whitehead Road

HDC Property #

#15471

Legal

Lot 1;  DP 2081

Record of Title

H2/60

Valuation #

#1030011100

Land Value @ July 2023

$550,000

Improvements

$150,000

Capital Value

$700,000

Primary Use

Community Services

HDC Rates 2023

$3,650

HBRC Rates 2022

$143

 

Current Building Floorplan

Aerial View of Centre

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Based on a Google search for current [May 2024] building costs in New Zealand:

= $3,200 per sq metre, this table gives some idea of the cost of replacing the building in terms of area.

Rebuild Costs
Room Area sqm Rebuild Essential
Main 94.1 $301,120 $301,120
Library 45.0 $144,000 $144,000
Art 36.0 $115,200
Consult 12.8 $40,960
Storeroom 9.6 $30,720
Kitchen 10.2 $32,640 $32,640
Toilets 9.4 $30,080 $30,080
Foyer 46.6 $149,120
Veranda 25.2 $80,640
PG Store 4.0 $12,800

292.8

 $  936,960  $  507,840

  

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From https://sumsure.corelogic.co.nz/     for 280 sqm

ESTIMATED COST TO REBUILD YOUR HOME


Rebuild Cost$791,260


Professional Fees$60,850


Demolition$65,764


Subtotal$917,874


GST$137,682


TOTAL$1,055,556

Our current policy cost us $3,883

Robin Bacchus

Treasurer