Karaka Pines Waihi Beach Retirement Village
Living at Karaka Pines Waihi Beach Retirement Village
When you visit Karaka Pines Waihi Beach for the first time you’ll feel an immediate sense of how much simpler and easier life could be.
The focal point of the community is the Club House which is sited on the hillside overlooking the village.
The plans for the Clubhouse and wellbeing centre include a swimming pool and spa, gym, kitchen, resident bar and dining room, library and craft rooms. There’s a lot to do here. 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 up to you.
Family and friends are always welcome to visit or to stay. They’ll love being shown the beach, the walkway to Orekawa Beach or the trig up behind the village. Within a short drive there is the beach village centre, Waihi or Katikati.
Living at Karaka Pines Waihi Beach doesn’t mean disconnecting from the wider community. Many people who live in our villages are closely involved with local sports and social clubs, and some are still working and running businesses.
Your flexible options at Karaka Pines Waihi Beach extend to how you pay the fees. You’ll find more on our fees, why you pay them, and why we think they’re fair, here.
There are two options.
- The first option is a facilities fee of 12.5% of the sales price of your home in the village paid out of the proceeds when it’s sold. This fee is incurred at 6.25% per year, capped after two years. There is a weekly fee, which is estimated at this time at $165/week (but will rise as external costs increase). There is a $25/week discount which applies until the clubhouse is available to use. Included in this fee is a contribution to a long-term maintenance fund that will ensure the village is kept in top condition in the years ahead.
- Alternatively, you can choose to pay a fixed weekly fee of $110 for the whole time you’re in the village. If you choose this option the facilities fee is increased to 25% of the sale price of your home – incurred at 7% per year for three years and then 4% for the fourth year.
Like all properties that come under the Karaka Pines Villages umbrella, when the time comes to sell, you are the one who benefits from the capital gain in your home, not the management. We think that’s only fair.