Retirement Village Information   (Last Updated: 6th February 2017)

This facility is owned by SUMMERSET RETIREMENT VILLAGES.

At Summerset Down the Lane Retirement Village, Hamilton - residents are said to be "always on-the-go" in Hamilton.

The developing retirement village brings together the best of both worlds – a country-style village fringed by rural land and on the edge of a vibrant new residential suburb – within Hamilton City.

Living options at the Summerset retirement village (Hamilton) include villas, townhouses and serviced apartments and they offer a range of aged-care services from in-home support to rest home and hospital-level care.

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Fee model

ORA / LTO
5% per year, for 4 years + 5% upfront.
Maximum 25%

Minimum Age of Entry

70

Lowest Known Price

$345,000

Villa (1 bdrm)

Highest Known Price

$519,000

Villa, (3+ bdrm)

Capital Gain

Provider

Capital Loss (if any)

Provider

Maintenance Fees Starting from

Yearly Maintenance Cost

$126 per week

(Paid Weekly)

Yearly Maintenance Cost

Maintenance Fee Increases?

CPI Based

Extra Costs/Fees

Power, phone, internet

No. of dwellings in village

Undisclosed

Data current as of

29 Jan, 2017

Data supplied by

Mystery Shopper