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
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boundary indicative of complex
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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
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Colliers Otago
photography of unit 18
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