Karaka Pines Rototuna
At a glance
- Name
- Karaka Pines Rototuna
- Category
- Retirement Village
- Address
- Corner Borman Road and Hare Puke Drive
North Hamilton
Hamilton 3210 - Region
- Waikato
- Phone
- View Phone Number
- View Email Address
- Web
- Visit Website
Personnel
- Owner
- Karaka Pines Villages
- Sales Representative
- Ayren Holmes - 021 621 377
Other services
Photos
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Map
Reviews
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The Retirement Village with a Difference
The vision for Karaka Pines Rototuna is to create a retirement village environment with well appointed homes set in lovely landscaped grounds where you can relax and enjoy life. Financially you’ll be better off as when you sell you get the capital gain less a facilities fee of only 12.5%.
The vision for Karaka Pines Rototuna is to create a retirement village environment with well appointed homes set in lovely landscaped grounds where you can relax and enjoy life. Financially you’ll be better off as when you sell you get the capital gain less a facilities fee of only 12.5%.
Upcoming Open Days
| No open days are currently scheduled. |
Statutory Supervisor's Details
| Details | ||
|---|---|---|
| Name | Malcolm Gray | |
| Address | Level 6, 191 Queen St, Auckland 1140 | |
| City/Town | Auckland | |
| Company | Covenant Trustee Services | |
| Phone | 09 302 0638 | |
| Fax | 09 302 1037 | |
| Mobile | 027 700 7641 | |
| View Email Address | ||
| Updated: 2 Dec 2019 | ||
Solicitor's Details
| Details | ||
|---|---|---|
| Address | PO Box 143 Tauranga 3144 | |
| City/Town | Tauranga | |
| Company | Cooney Lees Morgan | |
| Phone | 07 578 2099 | |
| View Email Address | ||
| Updated: 1 Oct 2020 | ||
Composition of Village
| Type | Details |
|---|---|
| Duplex 2 bedroom (Studio Unit etc.) | |
| Low Price | $850,000 |
| Garage | Yes |
| Tenure Terms | Occupation Rights Agreement You get the capital gain! 12.5% Facilities Fee based on the sale price. Grows at 6.25% capped at 2 years. Or 25% Facilities Fee with fixed weekly fee of $100 |
| Surrender Details | You set the sale price. You get full sale price less the facilities fee. If you use our management to sell your only costs are direct marketing costs and your lawyer. |
| Service Charge Details | Currently $115/week through until the communal facilities are constructed. You can fix for your time in the village at $100/week if this suits. |
| Nursing Care Details | Radius Glaisdale is across the road. |
| Duplex 3 Bedroom (Studio Unit etc.) | |
| Low Price | $950,000 |
| Garage | Yes |
| Tenure Terms | Occupation Rights Agreement You get the capital gain! 12.5% Facilities Fee based on the sale price. Grows at 6.25% capped at 2 years. Or 25% Facilities Fee with fixed weekly fee of $100 |
| Surrender Details | You set the sale price. You get full sale price less the facilities fee. If you use our management to sell your only costs are your lawyer and costs of advertising. |
| Service Charge Details | Currently $115/week through until the communal facilities are constructed. You can fix for your time in the village at $100/week if this suits. |
| Nursing Care Details | Radius Glaisdale is across the road. |
| Manor Homes (Studio Unit etc.) | |
| Low Price | $810,000 |
| Garage | Yes |
| Tenure Terms | Occupation Rights Agreement You get the capital gain! 12.5% Facilities Fee based on the sale price. Grows at 6.25% capped at 2 years. Or 25% Facilities Fee with fixed weekly fee of $100 |
| Surrender Details | You set the sale price. You get full sale price less the facilities fee. If you use our management to sell your only costs are your layer and costs of advertising. |
| Service Charge Details | Currently $115/week through until the communal facilities are constructed. You can fix for your time in the village at $100/week if this suits. |
| Nursing Care Details | Radius Glaisdale is across the road. |
| Stand Alone (3 Bedrooms) | |
| Low Price | $1,100,000 |
| Garage | Yes |
| Tenure Terms | Occupation Rights Agreement 12.5% Facilities Fee Grows at 6.25% per year, capped at 2 years. |
| Surrender Details | You get to sell at the price you want. You get to keep the capital gain less the Facilities Fee. Only charge if you use the management is advertising costs. |
| Service Charge Details | Currently $115/week through until the communal facilities are constructed. You can fix for your time in the village at $100/week if this suits. |
| Nursing Care Details | Radius Glaisdale is across the road |
| Updated: 30 Aug 2021 | |
NOTE: The Retirement Villages Act 2003 (The Act) is designed to provide improved protection for people who ‘buy’ into a retirement village. If you intend to ‘purchase’ you must get independent legal advice before signing your occupation right agreement as required under The Act. Some Retirement Village type facilities are not required to register under The Act so different legal requirements apply. Please make sure you investigate fully.
In some villages there may be some Retirement Village units that have multiple uses e.g. a Serviced Apartment may also be used as a Residential Care Suite. The same unit may therefore show in several places on Eldernet.
