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Northbridge Lifecare Trust

Northcote, AucklandNorthbridge Lifecare TrustRegistered on the Retirement Villages Register

In short

  • Entry prices from $525,000 (1 unit for sale now).
  • The village keeps 30% of what you paid when you leave. This is its exit fee (deferred management fee).
  • Weekly fee not published.
Entry price from
$525,000the only unit for sale now
Exit fee
30%builds over 50 months
Weekly fee
Not published
When you are repaid
Not published
Registered
Yesno. 2101806
Care on site
None listed

What it costs

Entry price

$525,000

For the 1 unit for sale now on Eldernet. This is not a price for every unit in the village.

Prices seen on the village's own site: Currently-available listings (northbridge.co.nz/currently-available/): Serviced Apt D474 (1-bed) $350,000; Apt H133 (2-bed) $820,000; Apt L260 (2-bed) $685,000; Apt K334 (2-bed) $725,000; Apt Q341 (1-bed) $525,000; Apt J321 (1-bed) $565,000; Apt L258 (1-bed) $525,000. Eldernet listing: 1-bed independent apartments "from $525,000". (source: northbridge.co.nz)

Source: Eldernet listing (northbridge-housing-purchase)

Exit fee (deferred management fee)

30% of what you paid

Source: northbridge.co.nz

How it builds

Accrues to the Trust at 2% per month for the first 50 months, after which it is capped.

Source: northbridge.co.nz

Full research note

Accrues to the Trust at 2% per month for the first 50 months, after which it is capped. Quoted directly from /apartments/: "The contribution is 30% of the total purchase price paid and accrues to the Trust at 2% per month for the first 50 months, after which it is capped."

Weekly fee

Not published

As a weekly figure, only a 'monthly fee' is referenced, with no dollar amount given. Quote: "Monthly fees cease as soon as the apartment has been vacated and the keys returned to the Trust."

Source: northbridge.co.nz

Full research note

Not published as a weekly figure, only a 'monthly fee' is referenced, with no dollar amount given. Quote: "Monthly fees cease as soon as the apartment has been vacated and the keys returned to the Trust."

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

Not published

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?

$367,500 backExit fee 30.0% = $157,500 kept by Northbridge Lifecare Trust after 5 years. Weekly fees are extra.

The exit fee builds over 50 months 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 (1)

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

HomeTypeBedroomsBathroomsFloor areaPriceListing
1 Bedroom Independent ApartmentApartment1164 m²from $525,000Eldernet

Registered village

Registered as Northbridge Lifecare Trust

Registration number
2101806
Registered since
2008
Statutory supervisor
Trustees Executors Limitedappointed 5 February 2008

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.

About the village

Northbridge is a retirement complex in Northcote, on Auckland's North Shore, owned and managed by the Northbridge Lifecare Trust. We provide a vigorous and supportive community for people over the age of 65. We are a "not for profit" organisation, registered as such under the Charitable Trusts Act 1957, one of a few in the country. Admission to the Village is subject to availability of suitable accommodation, with a needs assessment, funding criteria and available rooms being the criteria for entering our Care Facility.

In the village's own words, from its Eldernet listing.

Care homes nearby

Where this comes from

Address
45 Akoranga Dr, Northcote, Auckland
Operator
Northbridge Lifecare Trust

Confidence: High. For the Lifecare Contribution % and accrual (directly quoted); high confidence no disclosure statement or weekly-fee figure is published

Research note

The site's /sales-documentation/ page (found via sitemap) only lists three downloads, Code of Residents' Rights, Feedback and Complaints Policy, and Privacy Policy, no disclosure statement PDF. Checked sitemap, sales-documentation, apartments, serviced-apartments, currently-available, about-us pages and the Eldernet listing. Site states audited financial statements are "available upon request" rather than published.

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