Karaka Pines Villages is proud to offer you a Next Generation retirement village where you benefit from the capital gain when you sell your unit. Our excellent standard of service and well-designed villages ensure you will be significantly better off than under the traditional retirement village model.
A KPV Next Generation village differs from a normal retirement village in that you profit from the sale of your unit, similar to owning your own home. Like other villages the unit is owned through an Occupation Rights Agreement but the terms of a KPV ORA are that you get the proceeds from the sale of the unit, including the capital gain (less a facilities fee between 10-25%), you get to choose how much to sell it for, and whether or not to accept an offer.
Karaka Pines’ management of the village is all about making your life easier. We take care of the hassles and the maintenance, giving you peace of mind, freeing you up to do the things you really want to do. The video below is a computer model of our new Drury retirement village providing an excellent feel for the standard and style of the village.