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The Grove Orewa

OrewaIndependentRegistered on the Retirement Villages Register

In short

  • No units are listed for sale today.
  • The village keeps 27% of what you paid when you leave. This is its exit fee (deferred management fee).
  • Weekly fee: $195 a week.
Entry price from
No units listednone for sale today
Exit fee
27%builds over 4 years
Weekly fee
$195 a week
When you are repaid
Not published
Registered
Yesno. 2059535
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.

Prices seen on the village's own site: Homes from $695,000 to $1.25 million (homepage); FAQ/other pages also showed a range of $630,000 (one-bed villa) to $1.4 million (apartments); current promotion offers $45,000 of 'savings' for new residents (source: thegroveorewa.co.nz)

Source: Eldernet listing (the-grove-orewa)

Exit fee (deferred management fee)

27% of what you paid

Source: thegroveorewa.co.nz

How it builds

Calculated monthly at 6.75% per year for a maximum of 4 years, capping at 27% total, quoted from site FAQ

Source: thegroveorewa.co.nz

Weekly fee

$195 a week

$195 per week, marketed as 'Fixed Weekly Fees for Life. No surprises. No annual increases. Ever.' Covers rates, insurance, building maintenance and village management

Source: thegroveorewa.co.nz

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

Resident does not share in capital gain: 'The Licence to Occupy does not carry any entitlement to capital gain when you move out and the villa or apartment is sold again' (direct quote from site FAQ), operator retains capital gain

Source: thegroveorewa.co.nz

Full research note

Resident does not share in capital gain: 'The Licence to Occupy does not carry any entitlement to capital gain when you move out and the villa or apartment is sold again' (direct quote from site FAQ), operator retains capital gain

When you are repaid

Not published

On the site; FAQ states this detail 'is covered in much more legal detail in the Disclosure Statement' but no specific day/month figure or document link is given on-site

Source: thegroveorewa.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?

$438,000 backExit fee 27.0% = $162,000 kept by the village after 5 years. Weekly fees are extra.

The exit fee builds over 4 years to 27%. 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 The Grove Orewa

Registration number
2059535
Registered since
2007
Statutory supervisor
Covenant Trustee Services Limitedappointed 15 November 2007
Previous names
Palm Grove Retirement 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

Where this comes from

Address
15 Centreway Road, Orewa
Operator
Independent

Confidence: High. For DMF%, accrual, weekly fee, capital gain (direct on-site quotes); refund timing and disclosure statement URL genuinely not published online

Research note

Checked homepage, /faq, /about, /visit, /resources (404), and full sitemap footer, the site repeatedly references 'the Disclosure Statement' as the authoritative document but never links to it; prospective residents are told to contact the village by phone/email to request it. Also checked the village's Eldernet listing, no document link there either.

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