Lockerbie Village
photos: operator / Village Guide
Retirement living · Morrinsville, Matamata Piako

Lockerbie Village

Lockerbie Village Limited · edge of Morrinsville, Waikato · independent villas & duplexes · 30 mins from Hamilton
Life Score
41
Basic
Capital Back
38
the money ↓
See what life here is like — then weigh what it means for your family further down.
The village

Life here

Lockerbie Village sits on the sunny edge of Morrinsville, a country town in the heart of the Waikato, just 30 minutes from Hamilton and 1.5 hours from Auckland. Born from a small group of regional developers' vision to refresh retirement living, the village offers spatially generous, architecturally designed homes in a connected countryside setting with rolling green pastures and hill views. Over 110 residents already call it home, enjoying modern comfort without the burden of maintenance—and the peace of mind that comes with transparent, fixed costs and priority access to an adjacent aged care facility being built next door.

Your home

Living options

Contemporary Homes Built for Your Lifestyle

Choose from modern villas and duplexes, all newly built with high-quality finishes, open-plan living, and seamless indoor-outdoor flow. Every home includes a garage, low-maintenance gardens, and generous floor areas.

2-bedroom duplexes: 118–140m² with single garage
3-bedroom standalone villas: 137–165m² with single or double garage
Quality kitchens, spacious living/dining areas, covered entertaining spaces
Low-maintenance gardens and outdoor patio areas
Fixed-for-life weekly fee covering rates, insurance, maintenance, and gardening
Living options
A day in the life

What living here is actually like

The heart of village life is The Resident's Lodge, a 1,025m² hub designed for connection and enjoyment.

Community & Lifestyle

Gather in the open contemporary kitchen and dining space, flow out to alfresco seating and a covered BBQ area, or take a dip in the heated 12×4 pool. The multi-purpose room hosts a range of activities, and the vibrant community of over 110 residents ensures there's always someone to share a meal or activity with.

Resident's Lodge with open kitchen and dining
Heated swimming pool (12m × 4m)
Multi-purpose activity room
Alfresco seating and covered BBQ area
Gym access
Social activities and community events
Always something on
On your doorstep

Facilities & services

Resident's Lodge
Heated swimming pool
Gym
Multi-purpose activity room
Covered BBQ and alfresco areas
Low-maintenance gardens
Garages (single or double)
Peace of mind

Care for life, on site

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

Independent
Care and community
Where it is

Setting & neighbourhood

Lockerbie Village sits on the edge of Morrinsville, a lovely country town in the beautiful Waikato region. The village enjoys an elevated, sunny aspect with views of rolling green pastures and surrounding hills. Located just 30 minutes from Hamilton and 1.5 hours from Auckland, residents enjoy the peace and beauty of countryside living while remaining well-connected to larger centres and amenities. The village is positioned next to a future aged care facility (through partnership with CHT Care Homes), offering residents priority access to higher levels of care when needed.

Interested?

Like the look of Lockerbie?

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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
38
Below average · #368 of 520
Better than 29% of NZ villages — yet the market median is just 46. The sector is tough.
Deferred fee
25%
charged on your entry price
Your share of capital gain
0%
operator keeps 100% of any uplift
Time to get capital back
not enough resales disclosed
Fees after you leave
Stop
good — many villages keep charging
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 38 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%
25% deferred fee — lower is better.
38
Share of capital growth Capital gain to resident — weighted 15%
0% — the operator keeps any resale uplift.
0
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%
No interest on delayed repayment.
0
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

25%

Accrues over your first 5 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.

Fees & interest on exit

Resident-friendly

Weekly fees stop when you vacate.

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.
  • A large deferred fee is gone within a few 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