Apartments

Apartment Living Features

What could be nicer than knowing you’re living in an apartment designed specifically to enable you to live as independently as you can for as long as you can, and with all the modern features you could possibly need.

The apartments – 7 x one-bedroom and 4 x two-bedroom options – are energy-efficient, meaning residents are cosy all year round at reasonable energy costs. Many other safety and eco-friendly features are provided.

Walkways, covered and uncovered, sheltered seating areas, attractive timber features, and an overall design that allows you as much privacy as you want, have all been incorporated in the design.

The apartment block has the Pembroke Lounge that allows for a wide range of activities plus access to a large courtyard – just perfect if you’re entertaining family or friends. A lift between the two levels enables easy access to the whole complex.

Apartments have:

• Indoor/outdoor living
• Heat pump designed for low winter temperatures
• Bathroom with flush-floor showers, heated towel rail and fan heater
• Washing machine and drier
• Cooktop, oven, dishwasher and fridge/freezer
• Plenty of wardrobe space
• Fire sprinklers and smoke alarms
• Many safety features including an emergency response system
• A parking space

Services & Facilities

Living at Wanaka Retirement Village will be a change of address but not of lifestyle. You will be in control of how you wish to live your life, knowing you have support as and when it is needed. No matter whether you want to live completely independently or would like a little assistance, the option is there.

The Village manager oversees the village and the 28-bed care home, Elmslie House. She can be contacted on her mobile or alternatively enquiries can be made at Elmslie House reception.

• Cleaning of windows, air conditioners, spouting, paving etc is regularly undertaken
• Needs-assessed carer and house-keeping services are through health providers
• Handyman and gardeners keep the Village looking wonderful
• Activities are provided in the Pembroke Lounge and courtyard

Attractive grounds

Gardens to admire from your windows, gardens to walk amongst and gardens to sit alongside while you chat to neighbours — gardens are a major theme of Wanaka Retirement Village. Attractive trees, including Kowhai, Silver Birch and Japanese Snowbell, have been specifically selected to provide a unified look in the Village, with the overall scheme providing privacy for residents while fostering a feeling of being part of a community.

Fees

Weekly Outgoings Fee

Fees as at July 2024

This fee is payable monthly in advance and covers the cost of services such as rates, insurances, gardening, rubbish removal, exterior maintenance and the Statutory Supervisor service.

Apartments: Currently (July 2024) the weekly fee for one-bedroom apartment residents is $130.94 ($567.39 monthly) and $145.49 ($630.44 monthly) for two-bedroom apartments.

Weekly Outgoings Fees are reviewed when Wanaka Retirement Village budgets are set each July, and may or may not be adjusted accordingly.

In the event that you vacate your apartment or villa and a new Occupation Right Agreement (ORA) is offered for sale, this fee continues to be payable until such time as it is sold. However, if after six months the ORA remains unsold, this fee will be reduced to 50% of the current rate.

Deferred Management Fee

The Deferred Management Fee is only due and payable when you vacate your villa or apartment and once a new ORA is sold.

Also known as the Village Contribution, it is calculated as a percentage of the exiting resident’s entry price and represents a return to PSO Retirement Villages Ltd for the provision of the Village, its roads, infrastructure and management as well as contributing towards any future upgrades of the apartment or villa.

The Deferred Management Fee is based strictly on your tenure of your ORA from the date of your ownership to the date your ORA is terminated, being:

• 5% upon purchase; based on the exiting resident’s entry price +plus
• 5% at the end of your first 12 months of ownership +plus
• 5% for each successive year

The total Deferred Management Fee is to a maximum of 25%.

The fee for any part-year of ownership - apart from the first 5% on entry - will be pro-rated to the actual time of ownership.