Nestled in Kelvin Grove, Palmerston North, Riverstone Retirement Village offers warm, light, and spacious homes in a secure, relaxed setting. Residents enjoy a friendly community of like-minded individuals, with villas and serviced apartments designed to evolve with your needs. An exciting new development is underway, with brand new one, two, and three bedroom villas opening from October 2026, plus a stunning new leisure space featuring a swimming pool, gym, indoor bowls, and table tennis.
Choose between low-maintenance villas or serviced apartments with assisted living services. All homes are warm, light, and spacious, built with high-quality materials.
Life at Riverstone is about connection and community.
Residents enjoy a vibrant social life with regular activities, excellent dining options, and beautiful shared spaces. The village offers 10 meals per week (lunch and/or dinner) as part of the assisted living base package, with additional meals available. A new leisure space opening late 2026 will feature a swimming pool, gym, indoor bowls, and table tennis.
If your health changes, you won't have to leave the place you know. Riverstone Retirement Village offers these levels of care on site:
Riverstone Retirement Village is located at 243 Napier Road, Kelvin Grove, Palmerston North. The village sits in a welcoming neighbourhood with beautiful landscaped grounds, offering residents a secure, relaxed setting while maintaining connection to the wider community. An on-site Bupa Care Home provides rest home, hospital, and dementia care for those who need additional support.
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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.
The Capital Back score is a transparent weighting of five filed terms — you can see exactly where this village wins and loses.
Every operator uses different words for the same thing — we normalise them so you can compare like with like.
Accrues over your first 3 years, charged on the entry price.
Any increase in the licence value at resale is kept entirely by the operator.
Your capital is repaid once the unit is re-licensed to a new resident. (Operator-stated average: 172 days.)
Weekly fees stop when you vacate, and interest is payable if your capital is returned late.
We'll connect you with a retirement-village review lawyer or independent financial adviser — no operator pays to be here.
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