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Karaka Pines Rototuna

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Information Pack
At a glance
Name
Karaka Pines Rototuna
Category
Retirement Villages ('Purchase')
Address
Corner Borman Road and Hare Puke Drive
North Hamilton
Hamilton 3210
Region
Waikato
Phone
07 8532448
Email
View Email Address
Web
Visit Website
Personnel
Owner
Karaka Pines Villages
Other services
Photos
Tap to view all photos 1/15

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Description
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%.
Available Properties
Available Properties
Details Photo

Beautifully presented 2 bedroom duplex

From $685,000

Bed 2 Bath 2 Car 1

Property Type: Townhouse

Facing north and catching all the morning sun the Berkely is a generous sized unit. At 123m2 including the garage this is a home where you can enjoy the good life. With ensuite, walk in wardrobe and f...

Kestrel

From $895,000

Bed 3 Bath 2 Car 2

Property Type: Villa

The Kestrel is roomy and comfortable with space for all your activities. There is room for two relaxed seating areas in the main living area, with two sunny patios providing lots of indoor outdoor liv...

Melrose Duplex

From $765,000

Bed 3 Bath 2 Car 1

Property Type: Townhouse

This house looks immediately appealing with its window detailing and pergola. There's no compromise on space either with three bedrooms, ensuite and walk in wardrobe for the Master Bedroom and full gu...

Statutory Supervisor's Details
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
Email View Email Address
Updated: 2 Dec 2019
Solicitor's Details
Solicitor's Details
Details
Address PO Box 143 Tauranga 3144
City/Town Tauranga
Company Cooney Lees Morgan
Phone 07 578 2099
Email View Email Address
Updated: 1 Oct 2020
Composition of Village
Composition of Village
Type Details
Duplex 2 bedroom (Studio Unit etc.)
Total4
Low Price$685000.00
High Price$685000.00
GarageYes
Tenure TermsOccupation 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 DetailsYou 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 DetailsCurrently $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 DetailsRadius Glaisdale is across the road.
Duplex 3 Bedroom (Studio Unit etc.)
Total10
Low Price$765000.00
High Price$780000.00
GarageYes
Tenure TermsOccupation 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 DetailsYou 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 DetailsCurrently $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 DetailsRadius Glaisdale is across the road.
Apartments (Studio Unit etc.)
Total12
Low Price$650000.00
High Price$785000.00
GarageYes
Tenure TermsOccupation 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 DetailsYou 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 DetailsCurrently $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 DetailsRadius Glaisdale is across the road.
Stand Alone (3 Bedrooms)
Total4
Low Price$895000.00
High Price$900000.00
GarageYes
Tenure TermsOccupation Rights Agreement
12.5% Facilities Fee
Grows at 6.25% per year, capped at 2 years.
Surrender DetailsYou 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 DetailsNot set yet. Likeley around $150 per week.
You can fix at $100 per week for a Facilities Fee of 25% deducted from Sale price.
Nursing Care DetailsRadius Glaisdale is across the road
Updated: 20 Oct 2020

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.

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