Summerset by the Sea
photos: operator / Village Guide
Retirement living · Katikati, Western Bay Of Plenty

Summerset by the Sea

Summerset Villages (katikati) Limited · beside the water with views to Matakana Island · villas, townhouses + continuum of care
Life Score
85
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 by the Sea sits in an idyllic position right beside the water in Katikati, with easy access to local shops and state highways. Modern, bright homes—villas, townhouses, and serviced apartments—are designed to take advantage of the fantastic Bay of Plenty climate. Living here means an on-site Activities Coordinator keeps a calendar of events and entertainment flowing, while the Divine Café serves fresh, seasonal, locally-grown produce. And should your needs change, the village's continuum of care—from independent living through to hospital-level care—means you never have to leave.

Your home

Living options

Modern Homes with Outdoor Living

All homes are contemporary and spacious, with quality fixtures and appliances. Choose from villas with 2–3 bedrooms, 2-bedroom townhouses, or serviced apartments.

2 or 3 bedroom villas, or 2 bedroom with study
2 bedroom townhouses
Serviced apartments
Modern, bright open-plan living
Contemporary kitchen and large bathroom
Self-contained laundry
Outdoor living and garden
Single or double garage with internal access
Living options
A day in the life

What living here is actually like

An on-site Activities Coordinator ensures there's always something planned, and you choose how much or how little to join in.

Vibrant Community & Dining

The Divine Café and in-house catering serve contemporary menus prepared on site with wholesome, seasonal, fresh and locally-grown produce. Indoor and outdoor facilities take full advantage of the Bay of Plenty climate, from the swimming pool and indoor spa to the bowling green and communal gardens.

Divine Café with on-site catering
Outdoor swimming pool
Indoor spa pool
Recreational bowling green
All-weather bowling green
Communal vegetable gardens
Exercise room and gym
Exercise classes
Library
Piano
Pool table
Residents' bar with happy hours
Lounge with large screen TV
Hair salon and beauty clinic
Residents' workshop
Barbecue area
Organised outings and activities
Resident dinners
Organised entertainment
Movie nights
Bingo
Cards and board games
Quizzes
Lawn bowls
Arts and crafts
Computer with internet access
Courtesy van
Always something on
On your doorstep

Facilities & services

Swimming pool
Indoor spa pool
Bowling green (recreational and all-weather)
Exercise room and gym
Library
Hair salon and beauty clinic
Residents' bar
Café
Communal lounge
Lounge with large screen TV
Piano
Pool table
Residents' workshop
Barbecue area
Communal vegetable gardens
Computer with internet access
Courtesy van
Peace of mind

Care for life, on site

If your health changes, you won't have to leave the place you know. Summerset by the Sea 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) · Housekeeping
Care and community
Where it is

Setting & neighbourhood

Summerset by the Sea is located at 181 Park Road in Katikati, Western Bay of Plenty, in an idyllic position right beside the water with views across to Matakana Island. The village has easy access to state highways while being close to local shops and pharmacies, making it an ideal retirement destination. The warm Bay of Plenty climate and peaceful coastal setting frame daily life, with the welcoming community of Katikati just minutes away by car.

Interested?

Like the look of Summerset by the Sea?

Get the brochure, current pricing and availability, or book a look around — sent straight to you. No pressure, and we'll never pass your details to the village without asking.

We only use this to send you village info. Independent — no operator pays to be listed.
✓ On its way

We'll email the details shortly.
Want a second opinion on the contract too? Get independent advice →

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 · #185 of 520
Better than 64% 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
~207 days
median, from 16 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%
207 days across recent resales.
78
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

~207 days median

Your capital is repaid once the unit is re-licensed to a new resident. (Operator-stated average: 280 days.)

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