Retirement Village virtual tours

Things to consider

• Under our current standard ORA

  When you leave, your home will be marketed by the village manager. This assists a new occupant to be found for your villa or apartment. Bupa is responsible for marketing and will pay all marketing and advertising costs. No sales commission is payable to us when a new occupant is found.

  If you have purchased a cross lease title to a unit in our Remuera Retirement Village, you or your family are responsible for marketing and selling the unit at your own cost. There may be real estate agent’s commission payable.

  • Fees and costs
  • Amenities fee

  The amenities fee represents a contribution towards the provision of accommodation and communal village facilities and buildings and is deducted when you leave the village.

• What happens when I leave the village?

  Under our current standard ORA (terms effective 01 July 2025)

  • Bupa will market your home, and will refund the upfront capital you paid minus the amenities fee and any other amounts owing on relicensing or such other earlier date set out in the ORA.
  • The weekly fees stop when you terminate and vacate your home.
  • Your capital is repaid when your unit is resold or such other earlier date set out in the ORA. If this doesn’t happen after six months and 15 working days we will pay interest on your exit entitlement from that date.

  Please note: The above does not apply to residents at Remuera Retirement Village who are cross lease title holders for their home.

• Weekly fees

  For residents entering into our current standard ORA (terms effective 1 July 2025), you can choose to pay a fixed weekly fee or a variable weekly fee. Fixed weekly fees are set at the time your Occupation Right Agreement (ORA) is entered into. Variable weekly fees will increase once a year in line with the annual increase in superannuation, and as set out in the ORA.  This fee contributes to village outgoings including but not limited to:

  • Taxes
  • Rates
  • Insurance (excluding personal belongings)
  • Compliance costs
  • Staff remuneration
  • Costs relating to the village facilities
  • Costs relating to the maintenance of the community facilities and the homes
  • 24/7 emergency alarm system (monitored off site).

  For more information, please refer to the Occupation Right Agreement or reach out to our friendly team. Each village is a little different and fees may vary slightly.

• Your protection under the Retirement Villages Act 2003

  For the protection of residents, all retirement villages are legally required to abide by the Retirement Villages Act 2003. Talk to the village manager for more information.

  Things you can expect from all retirement villages include:

  • No hidden costs – all villages are required to be completely open and transparent about the costs you will incur.
  • A cap on amenities/management fees – these cannot exceed the level at which they are declared on your contract.
  • A “cooling off” period –  this is the period where you can change your mind within 15 working days of signing an Occupation Right Agreement.

• Protecting our residents

  To make sure all our residents enjoy village life, we run Quarterly Experience Surveys to get direct feedback. We take this feedback seriously as we always look to improve village life for residents.

• Credentials

  We're proud to be an active member of the Retirement Villages Association (RVA). The RVA is a national organisation that works to represent, protect and promote the interests of its members and associates. RVA requires Bupa to follow strict standards and guidelines in running our villages. To maintain membership, each village is audited by an independent agency.

  All Bupa villages are accredited for three years following audits. Our goal is to ensure that we have well run communities where you can benefit from our experience and skills.

  To find out more refer to the Retirement Village Code of Practice on the RVA website.

  Our Statutory Supervisor is Covenant Trustee Services Limited. Covenant Trustee Services Limited (Covenant) is a New Zealand based professional services firm that provides corporate trustee and statutory supervisor services to New Zealand business, charities and retirement villages.

  Bupa is registered with the Electricity Authority as a retailer and a distributor and is also a member of the utilities dispute resolution scheme. If you would like any further information relating to our electricity supply or distribution, please contact the village manager.