MiLife Riversdale Lifestyle Village
Taradale, NapierMilife Riversdale Lifestyle Village L.P.Registered on the Retirement Villages Register
In short
- Entry prices from $480,000 (3 units for sale now).
- The exit fee (deferred management fee), what the village keeps when you leave, is not published.
- Weekly fee not published.
- Entry price from
- $480,000lowest of 3 units for sale now
- Exit fee
- Not publishedask for the disclosure statement
- Weekly fee
- Not published
- When you are repaid
- Not published
- Registered
- Yesno. 2072844
- Care on site
- None listed
What it costs
Entry price
$480,000 to $500,000
For the 3 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: Individual unit purchase/entry prices listed on milife.co.nz for currently available units: Unit 38 (1 bed, 49 sqm) $480,000; Unit 35 (1 bed) $480,000; Villa 42 (1 bed) $450,000. The Eldernet listing additionally showed Villa 50 (1 bed, 58 sqm) $500,000 and a 65 sqm unit at $490,000. These are unit-specific sale/entry prices, not a published price list. (source: milife.co.nz/riversdale)
Source: Eldernet listing (milife-riversdale-lifestyle-village)
Exit fee (deferred management fee)
Not published
This village does not publish its exit fee anywhere we could find.
We are asking this village for its disclosure statement, and will add the fee when it arrives.
Source: milife.co.nz
Weekly fee
Not published
Capital gain (a rise in the unit's value)
Not published
When you are repaid
Not published
Other costs
No disclosure statement, "how it works", fees/costs, or FAQ page or PDF exists anywhere on milife.co.nz (confirmed via direct URL checks and the WordPress sitemap, which lists only home, blog, contact, locations, and per-village…
Source: milife.co.nz
Full research note
No disclosure statement, "how it works", fees/costs, or FAQ page or PDF exists anywhere on milife.co.nz (confirmed via direct URL checks and the WordPress sitemap, which lists only home, blog, contact, locations, and per-village pages, none named fees/costs/disclosure/FAQ). The site is a lead-generation funnel: every village page ends in an "Enquire Now" / "Request an Info Pack" form rather than published terms. The only pricing data found anywhere was on the Bell Vista page (milife.co.nz/bella-vista/), which lists specific unit sale prices (not formally labelled "entry price", and not confirmed as the full purchase price under the occupation right agreement vs. a resale listing): Villa #32, 2-bed, 93m², $580,000 (current listing); Villa #42, 2-bed, $580,000 (sold); Villa #62, 2-bed, $480,000 (sold). The Eldernet listing pages for both villages only note the statutory line "If you intend to 'purchase' you must get independent legal advice before signing your occupation right agreement" and link back to milife.co.nz, they carry no fee figures or disclosure-statement links themselves.
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?
For comparison only, the calculator shows what you would get back at 25% and 30%, the most common exit fees among villages we have checked. They are not this village's fees. Before weekly fees and any other charges.
Units for sale on Eldernet (3)
As listed on Eldernet on 15 and 16 October 2026. Prices are what the village is asking, before any exit fee.
Registered village
Registered as MiLife Riversdale Lifestyle Village
- Registration number
- 2072844
- Registered since
- 2007
- Statutory supervisor
- Covenant Trustee Services Limitedappointed 30 November 2007
- Previous names
- Riversdale Lifestyle Village
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
- Ascot Park Care 0.4 km away · rest home, hospital, dementia
- Taradale Rest Home & Continuing Care 1.0 km away · rest home, hospital
- Atawhai 1.1 km away · rest home, hospital
- Greendale Residential Care 1.6 km away · rest home
- Otatara Heights Residential Care. 1.6 km away · rest home
Where this comes from
- Address
- 233 Guppy Road, Taradale, Napier
- Operator
- Milife Riversdale Lifestyle Village L.P.
- Phone
- (06) 845 9820
- Website
- milife.co.nz
- Source: Eldernet listing (milife-riversdale-lifestyle-village), read 15 and 16 October 2026 (listing, care levels, units for sale)
- Source: milife.co.nz, read 15 and 16 October 2026
- Source: Retirement Villages Register entry, read 15 October 2026 (registration and statutory supervisor)
Confidence: Medium. On entry prices (directly read off listing pages); low/none on all fee-structure fields, which are simply absent from the site
Research note
Site is structured like a real-estate listings page (per-unit prices shown) with no navigation links at all for fees, pricing policy, how-it-works, FAQ, occupation right agreement or disclosure statement, confirmed by listing every nav link on both the village page and the group homepage (milife.co.nz). /faq/ returned 404. Contact is Sam Elder, Village Manager, 06 845 9820.
Spotted something wrong? Tell us and we will fix it.