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Parewaitai Village

PāpāmoaIndependentRegistered on the Retirement Villages Register

In short

  • No units are listed for sale today.
  • The village keeps 25% of what you paid when you leave. This is its exit fee (deferred management fee).
  • No weekly fee amount is published.
Entry price from
No units listednone for sale today
Exit fee
25%builds over 3 years
Weekly fee
Dollar amount not published.
When you are repaid
No fixed number of days published.
Registered
Yesno. 2745672
Care on site
None listed

What it costs

Entry price

No units listed

Eldernet shows no units for sale here today. Ask the village what comes up and when.

Source: Eldernet listing (parewaitai-village)

Exit fee (deferred management fee)

25% of what you paid

Source: parewaitaivillage.co.nz

Full research note

Deferred Management Contribution, maximum 25% of the entry payment, reached once the resident has lived in the village 3+ years. Quote from the FAQ page: "Once you have lived in the village for three years or more, the maximum amount deducted is 25% of your entry payment."

How it builds

FAQ states it is "calculated daily" up to the 3-year/25% cap; the exact daily rate/formula itself is not published on the site.

Source: parewaitaivillage.co.nz

Weekly fee

Dollar amount not published.

Source: parewaitaivillage.co.nz

Full research note

Dollar amount not published. FAQ states it covers "water rates, house insurance, waste collection, gardening, lawns, security, lighting, exterior house maintenance and repair," and drops to 50% of its normal rate for the first six months after a resident leaves while the villa is being resold.

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

Not published

Who keeps gains on an upside resale.

Source: parewaitaivillage.co.nz

Full research note

Not published who keeps gains on an upside resale. FAQ only confirms downside (capital-loss) protection: "Even if we re-sell your ORA for less than you paid, you will receive your entry payment, less the pre-agreed Deferred Management Contribution." It is silent on what happens if resold for more.

When you are repaid

No fixed number of days published.

Source: parewaitaivillage.co.nz

Full research note

No fixed number of days published. FAQ: payment is made "once the new incoming resident has completed their purchase" (i.e., on resale settlement) - open-ended until resale, with the weekly fee halving after 6 months if still unsold.

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?

$450,000 backExit fee 25.0% = $150,000 kept by the village after 5 years. Weekly fees are extra.

The exit fee builds over 3 years to 25%. 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

None listed on Eldernet on 15 and 16 October 2026.

Registered village

Registered as Parewaitai Village

Registration number
2745672
Registered since
2019
Statutory supervisor
Covenant Trustee Services Limitedappointed 31 October 2019

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

In the heart of Papamoa lies a new place of peace and harmony, care, and support. Residing on a special piece of land surrounded by an established neighbourhood, Parewaitai Village features 110 independent Villas alongside Apartments, a Community Centre and a contemporary Aged Care Facility. This is a place where residents connect and are nurtured. A place where residents are honoured and respected, the perfect place to call home. We have a range of villas selling now, visit our website to check out a virtual tour, or for more information, please get in touch.

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

Care homes nearby

Where this comes from

Address
718 Grenada Street, Pāpāmoa
Operator
Independent

Confidence: Medium. DMF percentage/cap and weekly-fee coverage are confirmed from the operator's own FAQ; dollar figures, upside capital-gain treatment, and exact refund timeframe remain unconfirmed

Research note

Confirmed to be an ORA (Occupation Right Agreement) village by its own FAQ page. This was the best-documented of the sites with no listed website among this batch (eldernet gave the live URL via the external-link field).

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