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Parkwood Retirement Village

WaikanaeParkwood Trust IncRegistered on the Retirement Villages Register

In short

  • No units are listed for sale today.
  • The village keeps 30% of what you paid when you leave. This is its exit fee (deferred management fee).
  • Weekly fee: $725 a month.
Entry price from
No units listednone for sale today
Exit fee
30%builds over 3 years
Weekly fee
$725 a month
When you are repaid
Paid once the ORA is sold to a new resident, i.e. contingent on resale, not a fixed number of…
Registered
Yesno. 1959058
Care on site
Rest home, Hospital

What it costs

Entry price

No units listed

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

Prices seen on the village's own site: $35,000 one-off 'Common Facility Site Contribution' payable for villas and flats (this is a site/facility contribution, not a stated full purchase price for a specific unit). (source: parkwoodvillage.co.nz)

Source: Eldernet listing (parkwood-retirement-village)

Exit fee (deferred management fee)

30% of what you paid

Source: parkwoodvillage.co.nz

How it builds

Flat 30% retention of the villa Occupation Right Agreement (ORA) value, charged at settlement when the resident leaves.

Source: parkwoodvillage.co.nz

Full research note

Flat 30% retention of the villa Occupation Right Agreement (ORA) value, charged at settlement when the resident leaves. Pro-rated for stays under three years, e.g. an 18-month stay incurs a 15% retention, per the site's own worked example.

Weekly fee

$725 a month

$725 per MONTH (the site states this as a monthly, not weekly, fee). Not explicitly stated as fixed.

Source: parkwoodvillage.co.nz

Full research note

$725 per MONTH (the site states this as a monthly, not weekly, fee). Not explicitly stated as fixed. Covers local body rates, water rates, external villa maintenance, village/grounds maintenance, and a 24-hour on-call Village Care service; villa insurance is billed separately based on unit size.

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

Resident keeps 70% of any capital gain on resale of the villa ORA; the Parkwood Trust (operator) retains the remaining 30%.

Source: parkwoodvillage.co.nz

Full research note

Resident keeps 70% of any capital gain on resale of the villa ORA; the Parkwood Trust (operator) retains the remaining 30%. Directly stated on the site's FAQ page: 'you receive 70% of any capital gains made on the sale of a villa ORA.'

When you are repaid

Paid once the ORA is sold to a new resident, i.e. contingent on resale, not a fixed number of days after the resident leaves.

Source: parkwoodvillage.co.nz

Full research note

Paid once the ORA is sold to a new resident, i.e. contingent on resale, not a fixed number of days after the resident leaves. Site text: 'You will be paid the value of the ORA less the 30% retention when the ORA is sold to a new resident.'

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?

$420,000 backExit fee 30.0% = $180,000 kept by Parkwood Trust Inc after 5 years. Weekly fees are extra.

The exit fee builds over 3 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

None listed on Eldernet on 15 and 16 October 2026.

Registered village

Registered as Parkwood Retirement Village

Registration number
1959058
Registered since
2007
Statutory supervisor
Trustees Executors Limitedappointed 20 June 2007

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

Parkwood, recognised as one of New Zealand's most beautiful retirement villages, has a guiding philosophy of providing, within an affordable price range, low density housing and a quality environment in superb surroundings for mature people eligible to receive New Zealand superannuation. Indeed it is Parkwood's ability to offer its residents peace, privacy, security, dignity and freedom; to maintain continual monitoring of residents' needs and to cater for the changing requirements of individuals that is its heart and soul and distinguishes it from the others.

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

Care homes nearby

Where this comes from

Address
99 Belvedere Avenue, Waikanae
Operator
Parkwood Trust Inc
Website
Not listed

Confidence: High.

Research note

All figures fetched directly from parkwoodvillage.co.nz (homepage and /frequently-asked-questions/ page). The site was reached via the one permitted domain guess, not the blank source website field, and turned out to be a real, current operating village site with unusually candid published fee disclosure.

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