Vivid Living Red Beach Retirement Village
Red BeachIndependentRegistered on the Retirement Villages Register
In short
- No units are listed for sale today.
- The village keeps 15% of what you paid when you leave. This is its exit fee (deferred management fee).
- Weekly fee not published.
- Entry price from
- No units listednone for sale today
- Exit fee
- 15%builds over 3 years
- Weekly fee
- Not published
- When you are repaid
- Not published
- Registered
- Yesno. 2751315
- 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: Red Beach villas: 1-bed from $695,000; 2-bed from $899,000; 2-bed/2-bath from $1,100,000 (source: vividliving.co.nz)
Source: Eldernet listing (vivid-living-red-beach-retirement-…)
Exit fee (deferred management fee)
15% of what you paid
Source: vividliving.co.nz
How it builds
Accrues daily at 5%/year; deducted from the Repayment Sum on ORA termination, not during residency
Source: vividliving.co.nz
Weekly fee
Not published
No dollar amount on site; subject to the same annual-increase cap as other Vivid Living villages: lesser of NZ Super rate change or 1.5%
Source: vividliving.co.nz
Capital gain (a rise in the unit's value)
Resident receives 50% of any net gain on resale after costs; no capital loss exposure to the resident (group-wide policy)
Source: vividliving.co.nz
When you are repaid
Not published
As a fixed number of days; group-wide guaranteed buy-back after 4 months if the villa is unsold
Source: vividliving.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?
The exit fee builds over 3 years to 15%. 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 Vivid Living Red Beach
- Registration number
- 2751315
- Registered since
- 2022
- Statutory supervisor
- Covenant Trustee Services Limitedappointed 26 October 2022
The name on the register differs a little from the village's own, so check this number with the operator.
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
- Gulf Rise - Metlifecare Care Home on site or next door · rest home, hospital, dementia
- SOLEMAR 0.4 km away · hospital
- Bupa Northhaven Care Home 0.7 km away · rest home, hospital, psychogeriatric
- CHT Halldene Care Home 1.1 km away · rest home, hospital
- Milton Court Rest Home and Dementia Care 1.8 km away · rest home, dementia
Where this comes from
- Address
- 14 Tiromoana Drive, Red Beach
- Operator
- Independent
- Phone
- 0800173323
- Website
- vividliving.co.nz
- Source: Eldernet listing (vivid-living-red-beach-retirement-…), read 15 and 16 October 2026 (listing, care levels, units for sale)
- Source: vividliving.co.nz, read 15 and 16 October 2026
- Source: Retirement Villages Register entry, read 15 October 2026 (registration and statutory supervisor)
Confidence: Medium. (same basis as Karaka) -- lower confidence that terms are village-specific since the Red Beach page had zero fee content of its own.
Research note
The Red Beach location page itself had no fee content at all -- every fee detail above comes from Vivid Living's group-wide FAQ/Our Benefits pages, so it is an inference that the same terms apply at Red Beach, not a Red-Beach-specific confirmation. No disclosure statement PDF found on the site or its sitemap.
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