Roseland Park Village
Roseland Park Village
Roseland Park Village in desirable Hamilton East is an ‘own-your-own’ village, where you get 100% of the capital gain with an extremely low 4% facilities fee. This unique arrangement exists because residents share in the ownership of the village through a special ownership structure.
Residents are supported in the running and administration of the property by an on-site manager and Karaka Pines Villages.
For more information, or to arrange a viewing, please phone 021 449 147
Find Roseland Park Village on the map here.
How ‘owning your own village’ works
Each year elections are held among residents for six places on the Residents Committee and three places on the Board of Directors. This allows residents to be fully involved in any big decisions, without being bogged down in the details of running a large village.
Day to management is handled by the on-site manager, while financial administration and compliance is taken care of by the experienced Karaka Pines Villages admin team based in Tauranga.
Living at Roseland Park Village
Roseland Park Village is located a short stroll from the magical Hamilton Gardens and Waikato River. A small shopping centre for your essentials is moments away and the main Hamilton East shops are a five minute drive. But having a car isn’t a necessity, because a bus stop is handy to the village.
A favourite feature of the village among people lucky enough to live here is the Pavilion. As the focal point of the village, it provides a convenient venue for socialising with other residents or family and friends. You can even hire it out for a small fee for larger gatherings like birthdays and anniversaries.
But of course you can be as involved in community life in the village as much, or as little, as you like. It’s your home, so it’s entirely up to you.
As rewarding as living at Roseland Park Village can be, it doesn’t mean you’re disconnected from the wider community. Many people who live in the village are closely involved with local sports and social clubs, and some are still working and running businesses.
Leave maintenance behind
Comfort and style
You’ll be cosy all year round at Roseland Park Village. Warmth is assured by the north-facing aspect of all homes, insulation, energy-efficient heat pumps and with solar panels installed on the roof to keep power costs down. All fixtures and fittings are premium quality to stay working and looking good for the years ahead.
Village fees
The residents at Roseland Park Village own the village through a non-profit company governed by residents serving on the Board of Directors.
The Directors set a monthly fee that covers the regular ongoing costs of running the village, which include rates, insurance, and day-to-day running costs, such as the salaries of the village manager and maintenance officer. The weekly fees vary by unit size. This fund ensures the long-term upkeep of the village, so you can be confident your community will remain in top condition in the years to come.
When you sell your home at Roseland Park Village, a small amount is retained from the selling price to pay for the provision of shared facilities like the Pavilion and gardens. This fee is 4% of the sale price. Like all properties under the Karaka Pines Villages umbrella, when the time comes to sell, you benefit from the capital gain in your home, not the management. We think that’s only fair.
You have so much more to gain
Get in touch with one of our friendly team now to learn how you could be so much better off living at a Karaka Pines Village.
