Matua Village
Updated 6 February 2024. Every effort has been made to use the latest, most accurate information. Please always confirm information details with the site operator or vendor prior to any purchase decisions.
Overview
Matua Village is an established village in the popular retirement area of Matua. Locals enjoy Matua due to its low traffic and ease of access to shopping areas.
Matua Village will be particularly attractive to those that already love the suburb. The village offers independent living and Radius Matua hospital.
Things to Like
- on-site hospital
- well established
- well located in the popular Matua suburb
- fixed weekly fee
- interior and exterior maintenance included
Things to Note
- There are no dogs allowed in the village
- Payment of weekly fees continues until the cottage/apartment is sold and reduces to 50% of the fee after six months if the cottage/unit has not been sold
Entry Costs
1-2 bedroom cottages range from $540,000 to $695,000
1-3 bedroom apartments range from $295,000 to $685,000
Deferred Management Fee
The deferred management fee is charged at 7.5% per annum over the first four years with a total fee of 30% which is deducted from your license payment when you leave.
Weekly Fees
Cottages & Apartments $175.00 per week (fixed)
This covers the following expenses:
- Tauranga District Council rates
- Water rates
- Maintenance of grounds and common areas
- Property insurance
- Administration costs
- External lighting
- Rubbish collection
- Nightly security patrol
Village Size
38 cottages (1-2 bedroom)
30 apartments (1-3 bedroom)
Age of Entry
65 years of age
Facilities
- Lounge and dining room
- Indoor bowls table
- Library
- Shopping trips and outings
In the Area
- Cherrywood shops
- Fergusson park
- Otumoetai golf club
- Matua bowling club
- Matua saltmarsh
