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Wānaka Peaks
photos: operator / Village Guide
Retirement living · Wanaka, Queenstown Lakes

Wānaka Peaks

nestled in the heart of Wānaka, surrounded by the Southern Alps · independent living villas
Life Score
71
Strong
Capital Back
13
the money ↓
See what life here is like — then weigh what it means for your family further down.
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The village

Life here

Wānaka Peaks is Metlifecare's newest South Island retirement village, designed for a lifestyle as timeless as the landscape that surrounds it. Nestled in the heart of Wānaka and surrounded by the Southern Alps, the village offers brand-new independent living villas thoughtfully planned to maximise space and comfort. Stage 1 villas are now complete with a show home open weekdays, and the first 10 residents to secure a home receive a $100,000 Welcome Package to put towards moving costs, furniture, upgrades, or lifestyle extras.

Your home

Living options

Independent Living Villas

Wānaka Peaks offers a range of brand-new villas designed for effortless alpine living, with flexible layouts to suit your lifestyle.

✓ Two-bedroom villas from $1,400,000 (1.5 bathrooms, single garage)
✓ Three-bedroom villas from $1,700,000 (2 bathrooms, single garage)
✓ Premium villas from $2,800,000 (3 bedrooms, 2 bathrooms, double garage, generous standalone sites)
Living options
A day in the life

What living here is actually like

Life at Wānaka Peaks is designed around your needs and lifestyle.

Community & Activities

As a new development, Wānaka Peaks is building a vibrant retirement community. The village will feature modern amenities and facilities to support an active, connected lifestyle in one of New Zealand's most sought-after alpine locations.

✓ Aged care services to come
✓ Community facilities (to be developed)
✓ Access to Wānaka's outdoor recreation and cultural offerings
Always something on
On your doorstep

Facilities & services

Show home (open Monday–Friday, 10am–4pm)
Modern villa designs with indoor-outdoor flow
Garage parking (single or double depending on villa type)
Peace of mind

Care for life, on site

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

Independent
Care and community
Where it is

Setting & neighbourhood

Wānaka Peaks is positioned in the heart of Wānaka, one of New Zealand's most inspiring alpine destinations. Surrounded by the Southern Alps and nestled in a landscape as timeless as the mountains themselves, the village offers residents direct access to Wānaka's outdoor recreation, cultural attractions, and vibrant community. This is a premium location for those seeking retirement living with a view.

Interested?

Like the look of Wānaka Peaks?

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.

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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
13
Capital-unfriendly · #508 of 520
Better than 2% of NZ villages — yet the market median is just 46. The sector is tough.
Deferred fee
28%
charged on your entry price
Your share of capital gain
0%
operator keeps 100% of any uplift
Time to get capital back
—
median, from 2 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 13 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%
28% deferred fee — lower is better.
30
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%
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

28%

Accrues over your first 4 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

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