Settlers Lifestyle Village
photos: operator / Village Guide
Retirement living · Albany, North Shore

Settlers Lifestyle Village

Settlers Albany Limited · 550 Albany Highway, Albany · 12 acres of native bush and gardens · independent apartments and townhouses
Life Score
70
Strong
Capital Back
33
the money ↓
See what life here is like — then weigh what it means for your family further down.
The village

Life here

Set on 12 acres of beautifully landscaped gardens fringed by native bush alive with birdsong, Settlers exudes contemporary luxury and independence. The village is home to 246 thoughtfully designed one, two, and three-bedroom apartments and townhouses, each fitted with modern conveniences and fresh, light interiors. Residents immediately sense they belong here—a special energy that has earned Settlers the North Island's Best Large Lifestyle Village award four years running. Life unfolds around the Lodge hub, where a heated pool, spa, gym, cinema, restaurant, and café create a resort-like atmosphere, while bowling greens, croquet lawns, and petanque courts dot the grounds.

Your home

Living options

Homes Designed for Your Lifestyle

Choose from spacious, easy-care apartments and townhouses with modern kitchens, bathrooms, and natural light. All homes feature secure lockable windows and doors, and are within easy walking distance of village amenities.

One-bedroom apartments (from 74 m²)
Two-bedroom apartments and townhouses (102 m²)
Three-bedroom apartments and townhouses (145 m²)
All with modern kitchens and bathrooms
Balconies and open living areas for entertaining
Living options
A day in the life

What living here is actually like

Every day feels like a vacation at Settlers.

A Vibrant Community with Endless Activities

The village pulses with resident-led activities, social gatherings, and wellness programs. From morning aquasize classes to evening happy hours, from ukulele groups to line dancing, there's always something to do. Dining options range from the restaurant to the café, with special dinners and morning teas available. The library, cinema, and arts & crafts studios cater to quieter pursuits, while the men's shed and computer room serve practical interests.

Heated indoor swimming pool and spa
Gym and exercise classes (including aquasize)
Cinema and movie nights
Restaurant and café with dining services
Bowling green, croquet lawn, petanque court
Library and reading spaces
Arts & crafts, cards, board games, bingo, quizzes
Organised entertainment and social outings
Singing group, ukulele group, line dancing
Walk n Talk walking group
Table tennis, billiards, darts, indoor bowls
Community lounge and bar with happy hours
Hairdresser on-site
Always something on
On your doorstep

Facilities & services

Heated indoor swimming pool
Spa pool
Gym
Cinema room
Restaurant and café
Bar
Library
Community centre and communal lounge
Bowling green
Croquet lawn
Petanque court
Table tennis
Billiards/pool table
Darts
Indoor bowls
Men's shed/workshop
Computer room
Arts & crafts studio
Hairdresser
BBQ/barbecue area
Piano
Peace of mind

Care for life, on site

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

Independent
✓ Registered nurse available for appointments · Emergency call system in units · 24-hour on-site staff · Housekeeping services · Village van transport
Care and community
Where it is

Setting & neighbourhood

Settlers Lifestyle Village sits on 12 acres of beautifully landscaped gardens on Albany Highway in Albany, North Shore, Auckland. The grounds are fringed by native bush alive with birdsong, creating a peaceful, nature-immersed setting. The village is a gated, secure community with locked front gates at night and security cameras throughout. Despite its tranquil, resort-like environment, residents enjoy easy access to local amenities and services.

Interested?

Like the look of Settlers?

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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
33
Capital-unfriendly · #406 of 520
Better than 22% of NZ villages — yet the market median is just 46. The sector is tough.
Deferred fee
30%
charged on your entry price
Your share of capital gain
0%
operator keeps 100% of any uplift
Time to get capital back
~168.75 days
median, from 12 recent resales
Fees after you leave
Continue
charged until the unit resells
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 33 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%
168.75 days across recent resales.
84
Fees stop when you leave Weekly fees on exit — weighted 15%
Fees continue until the unit resells.
0
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

30%

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

~168.75 days median

Your capital is repaid once the unit is re-licensed to a new resident. (Operator-stated average: 173.4 days.)

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

Fees & interest on exit

Watch this

Weekly fees continue until the unit resells.

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