Lady Allum Retirement Village
photos: operator / Village Guide
Retirement living · Milford, North Shore

Lady Allum Retirement Village

Oceania Village Company Limited · Milford, North Shore · independent apartments + rest home & hospital care
Life Score
74
Strong
Capital Back
61
the money ↓
See what life here is like — then weigh what it means for your family further down.
The village

Life here

Lady Allum sits in the heart of Milford, one of Auckland's most desirable North Shore suburbs, close to beaches, cafes and shops. Residents choose from thoughtfully designed one, two and flexible three-bedroom apartments, each with quality finishes, heat pumps, easy-access showers and secure swipe access. Beyond independent living, the village offers rest home, hospital and dementia care suites, all underpinned by Oceania's 50-year reputation for person-centred, award-winning care. Life here balances relaxation with connection—from happy hours and van trips to exercise classes, movie nights and a thriving activities programme.

Your home

Living options

Apartments

Lady Allum offers a choice of one, two and two with flexible third room apartments to suit a range of different needs. Whether you like to entertain, or simply enjoy your own space, you'll love the relaxed feel and open-plan design.

One-bedroom apartments from $670,000
Two-bedroom apartments from $650,000
Double glazing & heat pump
Heated towel rails
Easy-access showers
Secure swipe access
Balcony or patio
Ensuite bathrooms available
Living options
A day in the life

What living here is actually like

Life at Lady Allum is built on connection, activity and wellbeing.

Activities & Community

Residents enjoy a vibrant activities programme shaped by Oceania's Five Ways to Wellbeing: Connect, Be Active, Take Notice, Keep Learning and Give. From van trips and happy hours to exercise classes, movie nights and organised entertainment, there's always something to do. The on-site hairdresser, library, cinema and communal spaces foster friendship and belonging.

Van trips & social outings
Exercise classes & movement sessions
Happy hour & resident dinners
Movie nights & cinema room
Bingo, quizzes & cards
Arts, crafts & gardening
Cooking activities
Community centre & library
BBQ area
Organised entertainment
Free WiFi & audiobook library
Always something on
On your doorstep

Facilities & services

Community centre
Library
Cinema room
Hairdresser
Dining room
Coffee machine
Communal lounge
BBQ area
Village van
Emergency call buttons
24/7 staff on-site
Peace of mind

Care for life, on site

If your health changes, you won't have to leave the place you know. Lady Allum Retirement Village offers these levels of care on site:

IndependentRest homeHospitalSecure dementia
✓ Registered nurse (24/7 on-site) · Doctor available for appointments · Physiotherapist · Podiatrist · Chaplain
Care and community
Where it is

Setting & neighbourhood

Lady Allum is nestled at the end of a quiet, leafy cul-de-sac in the heart of Milford, one of Auckland's most desirable North Shore suburbs. Milford Centre and Shore City are just a short drive away, offering a range of cafes and shops. Many of Auckland's most popular beaches are within the neighbourhood, perfect for a stroll or an ice cream. The village is part of Oceania Healthcare, a leading provider with over 40 locations across New Zealand and more than 50 years of community presence.

Interested?

Like the look of Lady Allum?

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Now the practical part

The money — what comes back to your family

You've seen why you'd love it. This is the part most families only discover at the exit statement — so we put it in plain sight. Every figure is from the village's own filed Disclosure Statement.

Capital Back score
61
Above average · #28 of 520
Better than 95% of NZ villages — yet the market median is just 46. The sector is tough.
Deferred fee
30%
~$132k on a $440k unit, over 3 years
Your share of capital gain
0%
operator keeps 100% of any uplift
Time to get capital back
~92 days
median, from 24 recent resales
Fees after you leave
Stop
good — many villages keep charging
7 years
Your estate receives
$308,000
Operator keeps (deferred fee)$132,000
Share of your $440,000 back70%
Before you sign, get independent eyes on the contract.An ORA-review lawyer or independent financial adviser — never paid by any operator — checks what it really means for your family.
⚖ Get independent advice →
How the 61 is built

Nothing hidden — every component

The Capital Back score is a transparent weighting of five filed terms — you can see exactly where this village wins and loses.

Move-in fee you don't get back Deferred Management Fee — weighted 30%
30% deferred fee — lower is better.
25
Share of capital growth Capital gain to resident — weighted 15%
0% — the operator keeps any resale uplift.
0
Speed your capital returns Median resale time — weighted 30%
92 days across recent resales.
95
Fees stop when you leave Weekly fees on exit — weighted 15%
Charges end on vacancy.
100
Interest if repayment is slow Interest on delayed capital — weighted 10%
Interest is payable if capital is returned late.
100
The filed terms, in plain English

What the Disclosure Statement actually says

Every operator uses different words for the same thing — we normalise them so you can compare like with like.

%

Deferred Management Fee

30% of $440,000 = ~$132,000

Accrues over your first 3 years, charged on the entry price.

Market: median 30%; only 16% of villages charge under 25%.

Capital gain

0% to the resident

Any increase in the licence value at resale is kept entirely by the operator.

Market: just 8% of NZ villages share any capital gain.

How fast your capital comes back

~92 days median

Your capital is repaid once the unit is re-licensed to a new resident.

Market: median 154 days; 21 villages still average over a year.

Fees & interest on exit

Resident-friendly

Weekly fees stop when you vacate, and interest is payable if your capital is returned late.

Market: 220 of 520 villages keep charging weekly fees after you've gone.
Before you sign the ORA

The reckoning usually arrives too late

  • You're buying a licence to occupy, not the home — you can't sell, rent or borrow against it.
  • Roughly $132,000 is gone in deferred fees within 3 years, whatever the unit later sells for.
  • Your family carries the risk of how long resale takes — and the operator's ability to pay.
  • None of this is hidden — it's all in the Disclosure Statement most people sign without reading.
Have someone independent read it first

We'll connect you with a retirement-village review lawyer or independent financial adviser — no operator pays to be here.

Request an ORA review → Talk to a financial adviser