About Parkwood

Parkwood, recognised as one of New Zealand’s most beautiful retirement villages, has a guiding philosophy of providing low density housing within an affordable price range and a quality environment in superb surroundings for mature people eligible to receive New Zealand superannuation.

Indeed it is Parkwood’s ability to offer its residents peace, privacy, security, dignity and freedom; to maintain continual monitoring of residents’ needs and to cater for the changing requirements of individuals that is its heart and soul and distinguishes it from others.

The village is situated in Waikanae on the Kapiti Coast in an area renowned for its natural beauty and mild climate and conveniently located to take advantage of local facilities and attractions.

Waikanae itself offers a wide range of facilities and, having a large number of retired people in the community, is particularly well equipped to provide a superb lifestyle for older people.

Parkwood is located in a low density road traffic area less than two kilometres from the town’s shopping centre.

Parkwood Trust exists not for profit, but for the provision of a quality lifestyle. Any financial surpluses made on its operations are applied towards improvements to facilities for the convenience and support of residents.

The Board of Management includes professionals with a wide range of experience and two representatives elected by residents, all making their services available to the Trust on a voluntary basis.

Our Services

Village Care Team

Parkwood’s unique Village Care service provides support and care at no extra charge for residents living independently in the village, including:

regular resident contact
assessing residents’ needs
wound management
blood pressure clinic and diabetic monitoring
arranging blister packs and medication
organising medical alarms
24 hour duty phone
coordinating villa residents’ moves within the village
arranging social events for residents

The Village Care Team can arrange assessments for extra care as required for those who wish to stay living at home but need extra support with personal care, home help, shopping, etc.

Parkwood Seekers

Parkwood Seekers is a group that commenced early in 2002 in which all Parkwood village residents may participate. Outings are arranged and escorted by staff for residents who wish to go to events, almost always outside the village, and enjoy the company of like-minded people.

Events vary from plays, concerts, musicals, drives, exhibitions and shopping trips to holidays both within New Zealand and overseas. The Seekers have travelled to Australia, Norfolk Island and Rarotonga; cruised from Budapest to Amsterdam; seen the Northern Lights from Norway; visited Gallipoli, New York, Niagara Falls, Bangkok and Singapore as well as toured through Alaska, China and Vietnam.

During 21 plus years over 1,800 events have been held involving more than 30,300 participants. There have been some wonderful outings and trips, and no doubt there will be many more.

Parkwood Seekers is a very special part of Parkwood Retirement Village.

Our Facilities

Residential Villas

The retirement complex, which is a member of the Retirement Villages Association of New Zealand, comprises 209 villas that vary greatly in their design, giving an added appeal to the village.

Rest Home Apartments

Parkwood Lodge has 54 rest home apartments, which all comprise a spacious lounge, snack and tea making facilities, ensuite and separate bedroom.

Residents purchase a Licence to Occupy their rest home apartment.

Hospital Studios

The 25 hospital studios in Parkwood Lodge are designed for residents requiring continuing care and contain single rooms with ensuite bathrooms.

Twenty of the rooms carry premium charges of between $20 and $25 per day.

Frequently Asked Questions

Is there an entry fee?

Yes, there is an entry fee called a Common Facility Site Donation. The Common Facility Site Donation is $35,000 for villas and flats and $10,000 for Parkwood Lodge apartment Licences to Occupy. The entry fee is always included in prices quoted to you.

What ongoing fees do you pay?

In the village you pay a monthly fee of $605 as well as an annual house insurance premium (based on the size of the villa).

What does this fee cover?

The fee covers local body rates, external villa maintenance (see Disclosure Statement Appendix 1 for exclusions), village maintenance, grounds maintenance, 24 hour on call Village Care service, use of community facilities and most of the maintenance officer’s services.

Are there any fees or charges payable when you leave the Village?

Yes, you pay a retention of 25% of the villa licence value on settlement when you leave Parkwood. The 25% is calculated on the market value of the unit. If you are at Parkwood less than three years the retention will be abated on a pro rata basis, eg if you are at Parkwood eighteen months, the retention would be 12.5%.

What will you get paid when you leave and when will you be paid?

You will be paid the agreed value of the Licence less the 25% retention when the Licence is sold to a new licensee. If you were to move to Parkwood Lodge from a villa, the 25% retention would be taken when the villa licence is sold.

How is the villa valued?

The villa is valued independently at market value. This value is agreed by the parties before any upgrading work is undertaken. The Trust undertakes any upgrading work necessary on behalf of the incoming resident.

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