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Terrace View Retirement Village

Tinwald, AshburtonEnnor InvestmentsRegistered on the Retirement Villages Register

In short

  • Entry prices from $280,000 (2 units for sale now).
  • The village keeps 28% of what you paid when you leave. This is its exit fee (deferred management fee).
  • Weekly fee not published.
Entry price from
$280,000lowest of 2 units for sale now
Exit fee
28%builds over 3 years
Weekly fee
Not published
When you are repaid
No specific number of days/months is published.
Registered
Yesno. 2588962
Care on site
Rest home, Hospitalcare beds free soon, updated 15 October 2026, 9:52am

What it costs

Entry price

$280,000 to $600,000

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: Homepage states villas are 'move-in ready from $600,000', no other prices shown (source: terraceview.co.nz)

Source: Eldernet listing (terrace-view-retirement-village)

Exit fee (deferred management fee)

28% of what you paid

Source: terraceview.co.nz

How it builds

Described only as 'accrued over three years' to the 28% cap, no year-by-year breakdown was published on any page fetched

Source: terraceview.co.nz

Weekly fee

Not published

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

Not published

When you are repaid

No specific number of days/months is published. The FAQ states only that once the unit is re-licensed to a new resident, 'your exit payment is processed promptly', no fixed timeframe given

Source: terraceview.co.nz

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?

$201,600 backExit fee 28.0% = $78,400 kept by Ennor Investments after 5 years. Weekly fees are extra.

The exit fee builds over 3 years to 28%. 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
StudiosStudio11Not listedfrom $280,000Eldernet
Stylish, Low-Maintenance Villa LivingVilla22120 m²from $600,000Eldernet

Registered village

Registered as Terrace View Retirement Village

Registration number
2588962
Registered since
2013
Statutory supervisor
Covenant Trustee Services Limitedappointed 26 September 2013
Previous names
Terrace View Retirement Village, Ashburton

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

Welcome to Terrace View Retirement Village, nestled in the heart of Mid Canterbury, Ashburton, New Zealand. Our premier retirement community offers a blend of modern care rooms and luxurious Occupation Right Agreement (ORA) units, ensuring a comfortable and fulfilling lifestyle for all residents. At Terrace View, we prioritize your well-being with top-notch healthcare services, engaging social activities, and beautifully landscaped gardens. Conveniently located near local amenities, our Ashburton retirement village provides easy access to shopping, dining, and recreational opportunities. Discover the perfect blend of independence and support at Terrace View Retirement Village, where your golden years can truly shine.

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

Care homes nearby

Where this comes from

Address
37 Carters Terrace, Tinwald, Ashburton
Operator
Ennor Investments

Confidence: Medium. DMF % and entry price came from pages actually fetched, but accrual schedule, weekly fee, capital gains and refund timeframe are genuinely absent from the site content retrieved

Research note

Fetched homepage and /faq directly (no eldernet fallback needed). /why-terrace-view page was also fetched and had no financial content. No separate fees/costs/pricing/ORA page was found on the site.

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