How are units purchased at Terrace View Retirement Village?
All units are purchased under an Occupation Right Agreement (ORA). This is how all retirement village units are now sold in New Zealand and it is a legally binding agreement between the resident and Terrace View Village Ltd, governed by the Retirement Villages Act 2003. The ORA sets out the terms and conditions of your right to live in the Village.
What is the cost of obtaining an Occupation Right Agreement?
Occupational right agreements for the different units start from $155,000.00.
I no longer want a big garden but I do like to grow my own herbs and a few flowers. Would that be an option at Terrace View Retirement Village?
We have a number of residents who feel exactly the same and they have been very creative with their gardens and gain much joy from them. Watching plants grow and pottering in your garden is one of life’s pleasures and our gardening team are always happy to share a cutting or give you a hand.
My grandchildren love to stay with their grandparents. Would that still be possible if we purchased an apartment at Terrace View?
Of course, they can stay. Your life at Terrace View Retirement Village should be easier than before and you will have more time to devote to being with family, friends and loved ones. We all love having children around and it adds to the family feel that we have created.
Once I am in the Village, how much will I pay for Weekly Fees or Care Packages?
For your peace of mind, the weekly fee you pay on entering Terrace View will be set for life. All fees and care package information is provided in a separate pricing schedule.
May we come and go as we please and leave our unit or villa unattended if we are away on holiday?
Village life brings with it security and freedom if you wish to travel. You can go away knowing that your home and garden will be watched and cared for while you are away.