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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
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

Berkeley Duplex

$682,500

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...

Lucerne Duplex

From $765,000

Bed 3 Bath 2 Car 1 Floor Area 147m2

Property Type: Townhouse

With 3 bedrooms, ensuite, walk in wardrobe and full guest bathroom this is a premium home. North facing for the sun with two external patios you can open up for indoor outdoor flow or close up and use...

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
Name Geoff Currie
Address PO Box 21095
City/Town Christchurch 8013
Company Geoff Currie Lawyers
Phone 03 365 8355
Email View Email Address
Updated: 23 Jan 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 DetailsNot set yet but expected to be around $150/week. You can fix 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 DetailsNot set yet but expected to be around $150/week. You can fix 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 DetailsNot set yet but expected to be around $150/week. You can fix 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: 7 Apr 2020
What's New
What's New

Construction Has Begun

Work on site to construct the village has begun. Online Contractors have started the civil works and Classic Builders have begun construction of our showhome. Our aim is to have the first homes available in June. Book your place!


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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