Summerset at Heritage Park
photos: operator / Village Guide
Retirement living · Mount Wellington, Auckland City

Summerset at Heritage Park

Summerset Villages (ellerslie) Limited 4127978 · Ellerslie, Auckland · lakeside resort-style living with independent apartments, villas, serviced apartments + continuum of care
Life Score
92
Exceptional
Capital Back
50
the money ↓
See what life here is like — then weigh what it means for your family further down.
The village

Life here

Summerset at Heritage Park sits on the site of a 1980s tourist park in Ellerslie, preserving the original character while creating something entirely new. Just ten minutes from Auckland's CBD, this fully gated community offers lakeside living with a resort feel—complete with a central lake, lush gardens, and a calendar of activities. Residents enjoy modern homes, contemporary dining, and a range of facilities, with the peace of mind that continuum of care is available should they need it. It's a place where independence and community thrive together.

Your home

Living options

Homes to Suit Your Lifestyle

Choose from modern, high-quality villas, apartments, serviced apartments, and heritage apartments—all designed with contemporary finishes and thoughtful amenities.

Heritage Apartments: 2–3 bedrooms with ensuite
Heat pump and double-glazed windows throughout
Modern kitchens with stone benchtops and Fisher & Paykel appliances
Plenty of storage and personal carpark
Lakeview Apartments available
Serviced Apartments with housekeeping and meal delivery
Living options
A day in the life

What living here is actually like

Life at Summerset at Heritage Park is active, social, and full of choice.

Activities & Community

An on-site Activities Coordinator ensures there's always something to do—from organised outings and entertainment to casual games and social dinners. The village centre is the heart of community life, home to the Divine Café, library, lounges, and social spaces. In-house catering offers contemporary menus prepared fresh on site with seasonal, locally grown produce.

Indoor swimming pool and spa pool
Recreational bowling green and lawn bowls
Exercise classes and gym
Library, piano, and arts & crafts
Resident bar with happy hours
Movie nights, quizzes, bingo, and card games
Resident workshop and men's shed
Communal vegetable gardens
Hair salon and beauty salon
Courtesy van for outings
Resident dinners and organised entertainment
Always something on
On your doorstep

Facilities & services

Café and restaurant
Indoor swimming pool
Spa pool
Bowling green
Exercise room and gym
Library
Hair salon
Beauty salon
Resident bar
Piano
Pool table
Lounge with large screen TV
Computer with internet access
Workshop and men's shed
Communal vegetable gardens
Barbecue facilities
Chapel
Village van
Peace of mind

Care for life, on site

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

IndependentServicedRest homeHospital
✓ Doctor available for appointments · Physiotherapy available for appointments · Emergency call system in units · In-home personal assistance (showering, grooming) · Meal deliveries
Care and community
Where it is

Setting & neighbourhood

Summerset at Heritage Park is located in Ellerslie, a hidden oasis in central Auckland, just ten minutes from the CBD. The village sits on the site of a 1980s tourist park, with original features preserved to create a unique sense of place. A central lake adds a resort-like feel, while the fully gated community is conveniently positioned next to main arterial routes and close to Ellerslie village shops and amenities. The setting combines urban accessibility with a peaceful, resort-style retreat.

Interested?

Like the look of Summerset at Heritage Park?

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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
50
Around average · #178 of 520
Better than 66% 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
~190 days
median, from 20 recent resales
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 50 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
Speed your capital returns Median resale time — weighted 30%
190 days across recent resales.
81
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 2 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

~190 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.

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