Cottages

Cottage features

The three cottages in the Village back on to the Bullock Creek Hatchery Reserve. The resulting abundant bird life, native plantings and added privacy make these cottages very popular homes.

These original stand-alone cottages don’t have garaging (car park outside the door), but they are in high demand and suit people who want something between a small apartment and a larger villa.

Each cottage also has:

• Garden shed; vegie garden
• Double glazing; aluminium joinery
• Two bedrooms; combined dining-room and lounge; separate kitchen
• Carpet in lounge and bedrooms; vinyl in kitchen and laundry
• Lined drapes, blinds; quality light fittings
• Heat-pump in lounge; underfloor heating in lounge/dining room and bedrooms
• Freestanding cooker; fridge/freezer; microwave
• Front loading washing machine and separate dryer; tub
• Bathroom with toilet, flush-floor shower with glass door, heater, heated towel rail
• Painted concrete textured exterior; wooden exterior doors
• Front veranda and covered back porch
• North-facing/great views/carpark (no garage)

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.

Cottages: Currently (July 2024) the weekly fee for two-bedroom cottage residents is $145.49 ($630.44 monthly).

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 cottage 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.