WHAT IS AN “OWN YOUR OWN” VILLAGE?
An “Own Your Own” unit differs from a normal retirement unit in that you get all the financial benefits which come from owning your own home. Like other villages the unit is owned via a License to Occupy but the terms of this are that you get ALL the proceeds from the sale of the unit, including 100% of the capital gain, and you get to choose how much to sell it for, and whether or not to accept an offer from a particular person.
Once the village is completely built, Manor Group will transfer the ownership of the village into a Trust which has been set up for all the residents of the village. This means that all the residents of the village will own and control the operation of the village from that point on. Manor Group will stay on as the village administrator but all ownership will rest with the residents.
AT ROSELAND PARK, YOU DON’T JUST GET TO OWN YOUR OWN HOME; YOU GET TO OWN A PIECE OF YOUR OWN RETIREMENT VILLAGE
ABOUT MANOR GROUP INVESTMENTS
Manor Group Investments is proud to have been involved in providing services to the retirement industry for nearly 30 years. The company was founded in 1985 and has developed and operated various rest homes, hospitals and village facilities in the Bay of Plenty. It has recently developed the “Own Your Own” village concept, recognising that retired people with fixed incomes desire to live in a protected and supported environment but without the excessive cost that normally applies in retirement villages.
As a family company, Manor Group Investments has always believe that meeting the needs of the retired person is paramount. This is why Roseland Park includes features that will make living in the unit cheaper than in any other village setting available. Manor Group currently operates villages in Tauranga, Edgecumbe and Auckland.
Making the choice to move to Roseland Park Village is a lifestyle choice. Roseland Park brings you all the benefits of living in a thriving community while retaining all the rewards of owning your own home