Text size

Althorp Village Ltd

Pyes Pa, TaurangaAlthorp Village LimitedRegistered on the Retirement Villages Register

In short

  • Entry prices from $830,000 (2 units for sale now).
  • The village keeps 30% of what you paid when you leave. This is its exit fee (deferred management fee).
  • No weekly fee amount is published.
Entry price from
$830,000lowest of 2 units for sale now
Exit fee
30%builds over 4 years
Weekly fee
No dollar figure given.
When you are repaid
Not published
Registered
Yesno. 1979049
Care on site
None listed

What it costs

Entry price

$830,000 to $860,000

For the 2 units for sale now on Eldernet. This is not a price for every unit in the village.

Prices seen on the village's own site: $600,000 for a villa, explicitly presented on the page as an illustrative example only, not a current listing price (source: althorpvillage.co.nz/financial-terms)

Source: Eldernet listing (althorp-village-ltd)

Exit fee (deferred management fee)

30% of what you paid

Source: althorpvillage.co.nz/financial-terms

Full research note

7.5% per annum for 4 years of the Entry Payment, to a maximum of 30% (called the "Village Contribution"); for Serviced Apartments specifically, 10% accrues on the commencement date and then 10% each year to a maximum of 30%.

How it builds

Accrues daily from the commencement date (per the standard-tier wording on the Financial Terms page).

Source: althorpvillage.co.nz/financial-terms

Weekly fee

No dollar figure given.

Source: althorpvillage.co.nz/financial-terms

Full research note

No dollar figure given. Page states residents pay a weekly fee (debited monthly) covering outgoings (rates, insurance, rubbish removal, gardening, lawn mowing, repairs and maintenance), and explicitly says it "is set for cost recovery only and is reviewed each year to take into account changes in costs", i.e. not fixed for life.

Capital gain (a rise in the unit's value)

Not published

The Financial Terms page only addresses return of the Entry Payment less the Village Contribution; it does not say who keeps any gain in the resale price above the original Entry Payment

Source: althorpvillage.co.nz/financial-terms

Full research note

not published, the Financial Terms page only addresses return of the Entry Payment less the Village Contribution; it does not say who keeps any gain in the resale price above the original Entry Payment.

When you are repaid

Not published

Disclosure statement (the village's summary of the deal)

Not published online. The law says the village must give you one before you sign an occupation right agreement (the contract that lets you live there), and it sets out every fee. Ask for it early.

What would you get back?

$581,000 backExit fee 30.0% = $249,000 kept by Althorp Village Limited after 5 years. Weekly fees are extra.

The exit fee builds over 4 years to 30%. The calculator spreads it evenly over those years; the exact schedule is in the fee notes above. Before weekly fees and any other charges.

Units for sale on Eldernet (2)

As listed on Eldernet on 15 and 16 October 2026. Prices are what the village is asking, before any exit fee.

HomeTypeBedroomsBathroomsFloor areaPriceListing
Two Bedroom Garden ApartmentApartment22100 m²$830,000Eldernet
Two Bedroom plus office Lodge ApartmentApartment2.51.5122 m²$860,000Eldernet

Registered village

Registered as Althorp Village

Registration number
1979049
Registered since
2007
Statutory supervisor
Covenant Trustee Services Limitedappointed 6 August 2007

The name on the register differs a little from the village's own, so check this number with the operator.

A statutory supervisor is an independent party, licensed by the Financial Markets Authority, that holds residents' deposits and watches the village's finances (Retirement Commission).

Source: this village's entry on the Retirement Villages Register, read 15 October 2026.

Care homes nearby

Where this comes from

Address
9 Grantston Drive, Pyes Pa, Tauranga
Operator
Althorp Village Limited

Confidence: High.

Research note

This is the most detailed financial-terms page found among the 8 villages, directly on the village's own site.

Spotted something wrong? Tell us and we will fix it.