Frankton Court Retirement Village ebook

Frankton Court Retirement Village, Frankton Priced from $530,000

colliersotago.co.nz/20620281

Retire to Queenstown - it’s more affordable than you think.

The Frankton Court Retirement Village is operated by Presbyterian Support Southland and situated at the heart of sought-after Frankton.

It’s sunny and within convenient walking distance to the area’s retailers, supermarkets, church and Lake Wakatipu. Leisure amenities including golf, tennis, swimming pool and walking trails are practically across the road from the village. Colliers are currently offering four such units to the market, creating a wealth of options for retirees looking to enjoy the Southern Lakes lifestyle.

The 18 cottages provide the perfect level of safety and privacy amongst a friendly community. Residents are encouraged to maintain their independence, grow their own garden or relax and enjoy whatever they like best. Each Frankton Court cottage is purchased under the occupation right agreement process. Special conditions apply, e.g. minimum age 65 years.

• Two bedroom townhouses with garaging • Close to shopping, lake, transport hub and amenities • Immaculate presentation with recent upgrades • Worry-free, safe and friendly community environment • Security of retirement village living • Special conditions apply, e.g. minimum age 65 years

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2 Bedroom

1 Bathroom

1 Living area

Single garaging

All-day sun

Mountain views

photography of unit 18 3

boundary indicative of complex

photography of unit 18 4

Executive Summary Address

Frankton Court Retirement Village, 32 McBride Street, Frankton Unit 4

Rates

photography of unit 18

QLDC: $2,810.44 per annum | ORC: $230.33 per annum

Unit 10 QLDC: $2,799.32 per annum | ORC: $227.56 per annum Unit 15 QLDC: $2,765.96 per annum | ORC: $219.12 per annum Unit 18 QLDC: $2,765.96 per annum | ORC: $220.96 per annum Unit 4: $550,000

Price

Unit 10: $550,000 Unit 15: $530,000 Unit 18: $530,000 Unit 4: 108 sqm more or less

Floor Area

Unit 10: 110 sqm more or less Unit 15: 100 sqm more or less Unit 18: 110 sqm more or less

Exterior

Plaster

Floor Coverings

Carpet, Vinyl

Windows

Aluminium joinery, Double glazing

Hot Water

Electric

Heating

Heat pump

Insulation

Ceiling, Walls

General Features

Sunny, Quiet

Outdoor Features

Landscaped, Courtyard, Trees, Lawn

Laundry

Separate

Views

Lake, Mountains, Town

Parking

1 x single garaging

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Other Information The following information is also available for these properties - contact us for your copy.

• Application form • Cottage admission information • Frankton Court disclosure statement • Enliven charges sheet • Retirement Villages Association summary of key terms • Frankton Court occupation right agreement

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photography of unit 18

photography of unit 18 7

Indicative Floor Plan

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source: QLDC edocs

RECORD OF TITLE UNDER LAND TRANSFER ACT 2017 UNIT TITLE Search Copy

Identifier OT19A/1028 Land Registration District Otago 21 August 2000 Date Issued Prior References OT407/209

Supplementary Record Sheet OT19A/1044

Stratum in Freehold Estate Legal Description Unit D and Accessory Unit D1, D2 Deposited Plan 27530 Registered Owners Presbyterian Support Southland Retirement Villages Limited The above estates are subject to the reservations, restrictions, encumbrances, liens and interests noted below and on the relevant unit plan and supplementary record sheet 7603870.1 Notice of the registration of Frankton Court as a Retirement Village. Subject to section 22 of the Retirement Villages Act 2003 (which provides priority for the rights of the residents ahead of the rights of holders of security interests) - - 6.11.2007 at 9:00 am 7897839.1 Encumbrance to (now) Covenant Trustee Services Limited - 5.8.2008 at 9:00 am

Transaction Id Client Reference

59436727 csvendsen001

Search Copy Dated 14/01/20 9:39 am, Page 1 of 2 Register Only

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RECORD OF TITLE UNDER LAND TRANSFER ACT 2017 UNIT TITLE Search Copy

OT19A/1034 Otago

Identifier

Land Registration District Date Issued 21 August 2000 Prior References OT407/209 Estate Legal Description

Supplementary Record Sheet OT19A/1044 Stratum in Freehold Unit J and Accessory Unit J1, J2 Deposited Plan 27530

Registered Owners Presbyterian Support Southland Retirement Villages Limited

The above estates are subject to the reservations, restrictions, encumbrances, liens and interests noted below and on the relevant unit plan and supplementary record sheet 7603870.1 Notice of the registration of Frankton Court as a Retirement Village. Subject to section 22 of the Retirement Villages Act 2003 (which provides priority for the rights of the residents ahead of the rights of holders of security interests) - - 6.11.2007 at 9:00 am 8944979.3 Encumbrance to Covenant Trustee Services Limited - 10.2.2012 at 4:40 pm

Transaction ID 61150095 Client Reference csvendsen001

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Search Copy Dated 28/07/20 2:52 pm, Page 1 of 3 Register Only

RECORD OF TITLE UNDER LAND TRANSFER ACT 2017 UNIT TITLE Search Copy

Identifier OT19A/1039 Land Registration District Otago 21 August 2000 Date Issued Supplementary Record Sheet OT19A/1044

Prior References OT407/209 Stratum in Freehold Estate Legal Description Unit O and Accessory Unit O1 Deposited Plan 27530 Registered Owners Presbyterian Support Southland Retirement Villages Limited

The above estates are subject to the reservations, restrictions, encumbrances, liens and interests noted below and on the relevant unit plan and supplementary record sheet 7603870.1 Notice of the registration of Frankton Court as a Retirement Village. Subject to section 22 of the Retirement Villages Act 2003 (which provides priority for the rights of the residents ahead of the rights of holders of security interests) - - 6.11.2007 at 9:00 am 9244973.3 Encumbrance to Covenant Trustee Services Limited - 3.12.2012 at 12:01 pm

Transaction Id Client Reference

59541228 csvendsen001

Search Copy Dated 23/01/20 2:07 pm, Page 1 of 2 Register Only

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RECORD OF TITLE UNDER LAND TRANSFER ACT 2017 UNIT TITLE Search Copy

Identifier Land Registration District Date Issued

OT19A/1042 Otago 21 August 2000

Prior References OT407/209 Estate Legal Description

Supplementary Record Sheet OT19A/1044 Stratum in Freehold Unit R and Accessory Unit R1, R2 Deposited Plan 27530

Registered Owners Presbyterian Support Southland Retirement Villages Limited The above estates are subject to the reservations, restrictions, encumbrances, liens and interests noted below and on the relevant unit plan and supplementary record sheet 7603870.1 Notice of the registration of Frankton Court as a Retirement Village. Subject to section 22 of the Retirement Villages Act 2003 (which provides priority for the rights of the residents ahead of the rights of holders of security interests) - 6.11.2007 at 9:00 am 8320018.3 Encumbrance to (now) Covenant Trustee Services Limited - 29.10.2009 at 1:39 pm

Transaction ID 62919357 Client Reference csvendsen001

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Search Copy Dated 16/12/20 2:12 pm, Page 1 of 3 Register Only

FRANKTON COURT WEEKLY CHARGES FROM 1 July 2021 Weekly $92.00 • Monthly $398.67 This charge covers care services and village outgoings. These include: 1. CO-ORDINATOR/ADMINISTRATION This site has the services of staff who are available to discuss various concerns whether that be around property issues, health issues or other matters.

2. COMPLIANCE COSTS The village has specific quarterly reporting to the Statutory Supervisor (Covenant Trustee Services Limited). The Statutory Supervisor is an independent third party to protect the interests of residents.

As a village we also have audit of financial reporting which is mandatory.

3. INSURANCE • • • •

Cover for actual unit EQC charge on unit Fire service levy Common areas and village infrastructure as required by the Retirement Villages Act

4. SITE LIGHTING Covers power charge for external lighting on commonage.

5. BUILDING MAINTENANCE SERVICES General maintenance and checks that are the responsibility of the Village Operator.

6. GROUNDS AND GARDEN MAINTENANCE Maintenance of unit and common grounds area.

7. SOME REPAIRS AND MAINTENANCE This covers external contractors from the preferred suppliers list. This relates to exterior of units, e.g. exterior window cleaning, lawns and gardens, and interior maintenance.

8. SECURITY Cost of mobile security patrols where applicable.

Note: Please note council rates are not included in this service charge. All council rates are oncharged to residents in the month that rates notices are issued by council.

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photography of unit 18

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photography of unit 18

At your service...

Roger Ellis GM - Real Estate 027 222 2092

Fred Bramwell Sales Consultant 021 435 694

Stephen Hebbend Sales Consultant 021 453 881

Brendan Quill Sales Consultant 021 416 785

Richie Heap Sales Consultant 021 500 815

James O’Hagan Sales Consultant 021 909 323

Hugh Clark Sales Consultant 027 223 2997

Emma Lups Sales Consultant 027 428 5100

Maria Wyndham Sales Consultant 021 997 522

Jesse Johnston Sales Consultant 027 733 7755

Nicole Bell Sales Consultant 021 898 326

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Damo Yorg Sales Consultant 021 040 5890

Zach Hylton Sales Consultant 027 369 6805

Vera Stewart Sales Consultant 021 0596 266

Charlotte Svendsen Executive Assistant

Jenna Barratt-Elloway Executive Assistant

Amber Robinson Executive Assistant

Poppy Jefferies Executive Assistant

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| 03 441 0790

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Accelerating success.

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Colliers Otago

photography of unit 18

Colliers Otago’s residential sales team provide leading property sales and marketing services with an established track record and unrivalled teamwork. We think global and act local, with strong regional knowledge and connections across all property sectors. Our residential team is focused on adding value to our clients’ investment decisions. We are market leaders in research, allowing a unique, knowledge-based approach to buying and selling. As the largest multi-service real estate professionals in Otago and Southland, we have specialists working in residential property, commercial sales and leasing, tourism brokerage, valuation and advisory. With offices in Queenstown, Wanaka, Cromwell and Dunedin, we can cater for your specific real estate requirements - strengthened by our national & international Colliers network.

Waiver of Liability The information contained herein or otherwise in relation hereto is provided by Colliers and affiliated companies in their best judgement, in good faith and as far as possible based on data or sources which are believed to be reliable. The material contained herein is not intended to substitute for obtaining individual advice from a qualified professional person. Colliers, its officers, employees and agents expressly disclaim any liability and responsibility to any person whether a reader of this publication or not in respect of anything and of the consequences of anything done or omitted to be done by any such person in reliance whether wholly or partially upon the whole or any part of the contents of this publication. Therefore we record Colliers has used its best endeavours to ensure the information provided is true and accurate but Colliers does not accept any responsibility or liability in respect of any errors, inaccuracies or misstatements which may be contained in them. COPYRIGHT Colliers. All rights reserved. No part of this work may be reproduced or copied in any form or by any means (graphic, electronic or mechanical, including photocopying, recording, recording taping, or information retrieval systems) without the written permission of Colliers.

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ANTI-MONEY LAUNDERING Proving your identity when buying or selling a house

!

From 1 January 2019, real estate agents are required to verify the identity of their vendors in accordance with Anti-Money Laundering legislation. In some situations, real estate agents will also be required to verify the identity of purchasers. If your real estate agent cannot verify your identity in line with the legislation, they will not be able to act for you.

Identity verification can take days and sometimes weeks if a Trust or company is involved, or where parties reside overseas.

The below gives an indication of some of the documents your real estate agent may ask you to present in person or as a certified document as part of this process: Individuals: Passport, NZ Firearms Licence or NZ Drivers Licence with another document such as a bank statement or statement issued by a Government agency. You will also need to provide a document with your residential address (for example, a utility bill).

Trusts: The Trust Deed and, for all trustees and settlors, the information required for individuals as noted above, together with information regarding the Trust’s source of funds or wealth. Additional information may also be required for beneficiaries and appointers.

Companies: Details of the company, together with the information for individuals noted above for every individual with more than a 25% shareholding, all individuals with effective control of the company and all individuals acting on behalf of the company. Information regarding source of funds or wealth may also be required.

Note: The above list is not exhaustive and is indicative only. Your real estate agent will assist you with the specific requirements in relation to your situation.

DISCLAIMER: The material and information contained herein is for general information purposes only and is not intended to form professional legal advice. REINZ does not accept liability for any claim or other action that may arise directly or indirectly from the use of or reliance on the material and information provided herein. REINZ recommends you seek independent legal advice if you are unsure of your legal position.

Notes

Notes

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