Summerset Palms Brochure

SUMMERSET PALMS Corner Eriksen Road and Kenny Road, Te Awa

You’ll love the life at

Summerset Palms

At Summerset, our retirement villages are designed to make sure you get the best out of your retirement. Our newest village in Napier’s coastal suburb of Te Awa is no exception. Situated on 9.5 hectares of land, Summerset Palms will provide a relaxed coastal community in a highly sought-after area. The village has been designed to ensure homes maximise the sun and there are a wide range of fantastic recreational facilities to enjoy. Love the freedom of retirement by the coast, with stunning views over Maraenui Golf Club to the south, and sea views for upper stories to the east.

Located only 4kms from Napier town centre, Summerset Palms will offer 317 homes to choose from. This will include villas, cottages and serviced apartments. Our full continuum of care means that should your needs change in the future, you can access additional levels of care and support in your own home, in your serviced apartment or in our care centre. And, if you ever need ongoing care, as a resident you‘ll receive priority access, right up to hospital-level and dementia care. You’ll always have peace of mind of knowing all your support needs are taken care of without having to leave the village.

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Discover the

Summerset life Summerset villages are vibrant, caring communities, supported by friendly teams of professional staff who are dedicated to making sure you get the best out of your retirement.

Visit any Summerset village and you’ll find residents walking their dogs along tree-lined streets, relaxing in their gardens, chatting with friends and family in the Divine cafÊ, enjoying a game of bowls or taking part in one of many other village activities.

Our homes are designed and built with you in mind. Each of our homes provide you with spacious, light, open plan living in a well-designed home that you can make your own. Enjoy modern fittings, outdoor living areas and lovely gardens.

Once our care centre is complete, our friendly and professional team of care centre managers, registered nurses, caregivers and diversional therapists will be on board to provide our full continuum of care including rest home and hospital-level care, plus our award-winning Memory Care Centre will provide safe, apartment-style living for people with dementia.

When you choose to live at Summerset, you’ll have peace of mind knowing that the best of care is on-hand both now and if your needs change in the future.

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Summerset Palms

There is something distinctly special about the Summerset life. You’re not just moving to a new house – you’re joining a vibrant and welcoming community where you’ll feel completely at home.

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Love the life in

Te Awa

There is something for everyone in Te Awa when you live at Summerset Palms.

Enjoy this relaxed and semi-rural coastal community, while being close to Napier City and all that the stunning Hawke’s Bay has to offer.

Easy access to transport links

Leisure time

• Six minute drive to Napier Hastings Expressway (SH2)

• Less than a ten minute stroll in the sunshine to the beach

• Great access to Napier City, only an eight minute drive • 16 minute drive to Hawke’s Bay Airport.

• Just a two minute drive around the corner to Maraenui Golf Club

Shop

• Numerous walking paths and biking trails close to the area

• Eight minute drive to Countdown and Pak’n Save Napier • Eight minute drive to the inner-city shopping streets • Or ten minutes to Taradale with a range of shops and services • Proposed shopping complex planned for directly opposite Summerset Palms, featuring a supermarket, café, medical centre and several shops • Local Saturday morning fruit and vegetable markets in Clive Square, Napier.

Services • Ten minute drive to Taradale Medical Centre and Pharmacy • 20 minute drive to Hawke’s Bay Hospital.

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Summerset Palms

• Eight minute drive to Bowls Napier • Nine minute drive to Napier Aquatic Centre.

Entertainment • Explore the architecture and galleries of the Art Deco Capital of the World less than ten minutes away • Wine and dine at one of the many award-winning wineries in the Hawke’s Bay • Seven minute drive to The National Aquarium of New Zealand • Eight minute drive to Reading Cinemas • Less than ten minutes to MTG Hawke’s Bay (museum, theatre and art gallery).

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Summerset Palms Soak up all that your retirement has to offer at Summerset Palms, without any worries about home maintenance or upkeep as we do it all for you. Spend your leisurely days enjoying our village centre with fantastic recreational facilities, such as a movie theatre and indoor pool. There’s always something to do, no matter the weather, and your onsite Activities Coordinator is there to plan exciting events in the village and visits to local attractions. Should you wish to, the village’s courtesy van will take you to visit shops, supermarkets and other local amenities every week too.

Village facilities Once the village is complete, you, and your family, will have these fantastic facilities to enjoy:

Residents’ bar

Indoor swimming pool

Divine Café

Indoor spa pool

Courtesy van

Exercise room

Organised outings and activities

Hair and beauty salon

Pool table

All-weather bowling green

Piano

Communal vegetable gardens

Lounge with large screen TV

Barbeque facilities

Library

Residents’ workshop

Computer and internet access Movie theatre room/cultural room

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Summerset Palms

“Many Summerset residents I speak with enjoy that their housing is secured, finances sorted with no surprises, and care is on hand at any level should you need it in the future.

There’s a certain freedom in knowing the big (and not so big) things are taken care of, so you can just get on with living life.�

Jude Dobson Summerset brand ambassador

Artist impression only

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Your new home Our stunning modern homes are specially designed with you in mind.

Enjoy spacious, open plan living with many great features that make your brand new home relaxing and comfortable.

Your new home will typically include: Features Double glazing Drapes Internal access garage with door opener Built-in wardrobes All access points at level entry Nylon dyed carpet over underlay Kitchen Oven Ceramic cooktop and range-hood Single DishDrawer Joinery, including pot drawers and pantry Soft close drawers and cupboards Tiled splashback Bathrooms Wall-mounted bathroom cabinet with mirror Underfloor heating Heated towel rail Grab rails in shower and toilet(s)

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Summerset Palms

Laundry Laundry tub Laundry dryer vent Exterior Outdoor patio area Foldaway clothesline Sensor light Electronic doorbell Letterbox Two exterior hose taps Planted garden Electronics 24-hour call alarm system Fibre line for telephone and internet Wiring for Sky and Freeview Wall-mounted heat pump Wall-mounted heater in bathroom

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Summerset Palms

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Summerset Palms

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Two bedroom villas

TwoVillaBedroom Villa V2

We have three types of two bedroom villas. Please ask your Sales Manager to see V1 and V3 also.

Total floor plan area: 106m2

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2

1

1

Room measurements are the total usable area for furnishing, these measurements do not include the door recesses and bay windows.

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Summerset Palms

T

Three bedroom villas

Three Bedroom Villa Villa V4

Total floor plan area: 121m2

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2

1

1

Room measurements are the total usable area for furnishing, these measurements do not include the door recesses and bay windows.

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This sheet provides informatio

Cottages

Two Bedroom Cottage Cottage C3

We have two types of two bedroom cottages. Please ask your Sales Manager to see C1 also.

2

Total floor plan area: 72m2

1

1

Room measurements are the total usable area for furnishing, these measurements do not include the door recesses and bay windows.

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Summerset Palms

2

1

1

This sheet provides informatio a Summerset two bedroom c

“It’s the best thing I’ve ever done - the friendship, the staff, and the activities. The connections I have made are unbelievable.

I have absolutely no regrets and wish I had made the decision earlier, but so very happy I’m here now.”

Arthur, resident at Summerset at Wigram

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Understanding the costs What you’ll pay before you move in Deposit

You can reserve your home by paying a $3,000 deposit and signing an application form.

At the same time, your Sales Manager will run through the Estimated Return Schedule so you know what you can expect to receive when you leave.

Should you decide to cancel the agreement prior to settlement, the $3,000 deposit will be refunded to you in full along with any interest that has been accrued.

Note: we don’t refund any legal costs you’ve incurred.

Licence Payment

The Licence Payment is the amount you’ll need to pay to live in your Summerset home. This is set out in your Occupation Right Agreement.

Before you move into your home, you’ll need to pay your Licence Payment less the deposit you’ve already paid.

What you’ll pay while living in the village Weekly Fee

Summerset charges a Weekly Fee to contribute to the day-to-day running and maintenance costs of the village. The Weekly Fee includes all: • maintenance of gardens and grounds • maintenance and repair of your home and the village • cleaning the exterior of your home including windows • council rates, water charges, and rubbish collection • insurance for the fixtures and fittings in your home and for the village • 24-hour security and call alarm system • activities and entertainment, including weekly happy hour • village outings • overall management of the village and communal facilities You will need to pay for your own personal contents insurance, power and phone bills. These are not included in the Weekly Fee.

Other village services you may choose to pay for

There are a range of additional services you may choose to use in the village.

These include: Hair and beauty services, health practitioners, meals (breakfast, lunch and dinner), laundry services, additional gardening, general services, including cleaning, assistance with errands and medication, and pet minding.

Care and Support Service packages

In a Summerset village, as your needs change, you can access additional levels of care and support.

These services are available either as a Service Package or as individual add on services. Fees for these services are charged in addition to your Weekly Fee.

Care services and subsidies

If you need Rest Home or Hospital Care, these may be partially or fully subsidised by the Government. The subsidy you are eligible for is subject to asset and income testing and is determined by WINZ. You’ll find more information about Government subsidies in our Summerset Care brochure.

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Summerset Palms

When you leave Repayment Sum

When you leave your home in a Summerset village, we’ll repay the Licence Payment you paid when you first moved in, less the Deferred Management Fee and any other outstanding charges. This repayment amount will be received once we’ve resold and settled your home with a new resident.

You can find out more about the Deferred Management Fee and how it’s calculated on the following page.

Your Weekly Fee ceases when the keys are handed back and the property is vacant. The costs of marketing and refurbishing your home are covered by the Deferred Management Fee.

Other things you need to know What is the Deferred Management Fee? The Deferred Management Fee (DMF) covers the cost of communal facilities, management, long-term maintenance and the refurbishment and marketing of your home and is deducted when you leave your home.

In the case of villas, townhouses and apartments, you’ll be charged a total DMF of 25% of the Licence Payment you paid for your home. This will be charged at 5% on entry, then a further 5% per annum (accrued daily) over the next four years.

Villa Example: Licence payment $600,000 Percentage

Accrual

Total Deferred Management fee

Repayment Sum

On entry

5%

$30,000

$30,000

$570,000

Year 1

5%

$30,000

$60,000

$540,000

Year 2

5%

$30,000

$90,000

$510,000

Year 3

5%

$30,000

$120,000

$480,000

Year 4

5%

$30,000

$150,000

$450,000

Years 5

0%

$0

$150,000

$450,000

Period in home

Peace of Mind Guarantee We guarantee that any increases in Weekly Fees will never exceed the percentage increase in the rate of NZ superannuation in any given year.

So, for example, if NZ Superannuation rises by 2%, the Weekly Fee can rise by no more than 2% in the same year.

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Giving you

Peace of mind Summerset was founded on a deep respect for our residents, putting them at the heart of everything we do. That’s just one of the reasons we’re different to other retirement village operators.

90 day Summerset Sure If Summerset is not right for you, cancel your Occupation Right Agreement within 90 days of moving in and receive a full refund of your licence amount (with no deduction of the Deferred Management Fee)*. *Some conditions apply.

Leading Disaster Policies Rest assured: in the unlikely event a disaster destroys your home and it can’t be rebuilt on the original site or in reasonable vicinity or we don’t offer to rehouse you, you’ll receive the full market value of your home with no Deferred Management Fee deductions.

No hidden charges We give you all of the information upfront when you become a Summerset resident, including all of the costs, so there are no surprises for you or your family once you make the decision to move in.

*So

me con

ditions ap

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Leading transfer policy Summerset has a leading transfer policy, allowing you to move when you want to, and when your needs change and more care is required. Our residents have priority over non-residents to all Summerset’s care facilities.

You only pay one Deferred Management Fee no matter how many homes you occupy.

This fee does not begin accruing again if you transfer to another home**.

**If you transfer to a Care Suite in any Summerset Village, the Deferred Management Fee will be calculated separately according to the terms of the occupation right agreement for the Care Suite.

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Summerset Palms

Napier

Te Awa

51 Hastings

Waimakariri Dr

Havelock North

2

Kenny Rd

Squire Dr

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Te Awa Ave

MARAENUI GOLF CLUB

Awatoto Rd

Summerset Palms Corner Eriksen Road and Kenny Road, Te Awa

51 Waitangi Rd

Our Village Phone: 06 833 5852 Email: teawa.sales@summerset.co.nz

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Summerset Palms

Enjoy the freedom of a sun-soaked retirement by the coast, loving the life you choose.

Information correct at time of printing Feb 2020.

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0800 SUMMER summerset.co.nz/teawa facebook.com/summersetretirementvillages 22

Summerset Palms