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WAIMEA VILLAGE

WAIMEA VILLAGE
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 80% (2 Reviews)
4 out of 5 stars - 2 votes

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Services offered

  • 2 Bedroom Villa
  • 1 bedroom Villa
  • RETIREMENT VILLAGES

Service Information

This business is part of WAIMEA VILLAGE.

Waimea Village is a lifestyle village located in Richmond, Nelson and has no minimum age for moving in. People purchase their house outright in Waimea Village, and pay a monthly share of outgoings (currently $100 per month) to cover grounds upkeep. Owners may then sell their villa when they want at the price they want. There is no 'claw-back' by the village.

There's an $8200 share cost on top of the purchase, which gives a share of ownership in the village which sometimes pays a dividend. When you sell your house you sell the share at the same going rate to the next purchaser.

Houses are only advertised (by the seller) when they are available for sale (or rent).

No. of Dwellings 172

(Last Updated: 12th May 2022)

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      Entry Conditions

      Fee model
      ORA / LTO
      0% per year, for 0 years.
      Minimum Age of Entry
      50
      Lowest Known Price
      $250,000
      1 bedroom Villa
      Highest Known Price
      $300,000
      2 Bedroom Villa
      Capital Gain
      Resident
      Capital Loss (if any)
      Resident
      Maintenance Fees Starting from
      $25.38 per week
      (Paid Monthly)
      Maintenance Fee Increases?
      Set by Provider
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