Fri, 29th Nov 2013
One of the world’s most stunning locations will play host to one of the worlds most scenic marathons with the launch today of the Queenstown International Marathon, set for November 2014....more
Fri, 18th Oct 2013
Property sales up at Queenstown’s Millbrook Resort ...more
Thu, 10th Oct 2013
Queenstown’s five-star Millbrook Resort has once again beat off stiff national competition to take out the title of New Zealand’s Best Golf Resort at the travel industry’s most prestigious awards ceremony held in Dubai earlier this month....more
Thu, 2nd May 2013
The first show home in the new Taramea Square neighbourhood at Queenstown’s Millbrook Resort has opened its doors – and early indications are that a steady upsurge in sales is continuing....more
Fri, 19th Apr 2013
Queenstown’s five-star Millbrook Resort is delighted to announce that The Spa at Millbrook has been named as the Winner of the Best Luxury Wellness Spa for Australasia & Oceania in the World Luxury Hotel Awards. ...more
Mon, 15th Apr 2013
Queenstown’s multi-award-winning Millbrook Resort is celebrating a ‘glory month’ of property sales with nearly $11m in contracts written in March....more
Fri, 8th Mar 2013
Queenstown’s multi-award-winning Millbrook Resort marked an important milestone, on March 6 2013, celebrating twenty years since it first opened its gates....more
Wed, 30th Jan 2013
The five-star Millbrook Resort is riding a wave of award success, receiving yet another prestigious tourism honour....more
Fri, 18th Jan 2013 - 16.00
Queenstown’s five-star Millbrook Resort has been named the No 1 Hotel in New Zealand in the 2013 Trip Advisor Traveller’s Choice Awards. Millbrook was also named as one of the Top 25 Hotels in the South Pacific and Top Luxury Hotels in New Zealand....more
Media Release: Millbrook off-plans sales resurgence reflects demand for quality
Mon, 7th Jan 2013
Millbrook has been bucking the development recession trend, seeing a good resurgence in sales as it prepares to release its latest development to the public.
The multi-award-winning luxury lifestyle resort near Queenstown has recorded close to $9m worth of sales in the first quarter of its financial year for its own new developments, with re-sales for third parties on top of that.
Millbrook Property and Development Manager Ben O’Malley said the result was “hugely significant” as it equaled total new sales (not including re-sales) for the entire previous financial year.
That sales total was made up of seven sales -- including the show home at its popular McEntyre’s Tarn development, a house sale off the plans at Taramea Square, the last Mill Green site and four sites off the plans at its new Mica Ridge development (Stage 3A).
“We’re extremely pleased with the results, especially considering that five of those sales were made ‘off the plans’, something that was common several years ago at the height of the boom, but not something we’ve seen for some time,” he said.
“The four sales at Mica Ridge were all to existing members who were once again given an exclusive period in which to make offers, in advance of them being made available to the public. It demonstrates a real resurgence in investor confidence for what is a mature and reputable brand.”
Mica Ridge consists of 20 lots, and the nine ‘land-only’ sites were released sooner than intended to meet increasing demand for land, and following the sell-out of sites at Mill Green.
Mr O’Malley said that initially Millbrook intended to complete the extensive subdivision works before releasing the sites for sale, but had buyers wanting to move earlier than that.
“For that reason we brought the release date forward, and clearly this was the right decision.”
Mr O’Malley said Millbrook Realty Ltd had brokered a combined total of $26m worth of new sales and re-sales in its last financial year to the end of September 2012, consistent with the previous year.
“After almost 20 years, Millbrook’s enduring quality, established brand and strong member focus continues to enhance the appeal of owning or investing in our five-star lifestyle properties,” he said.
“Our strategy of not flooding the market, instead releasing smaller developments as demand requires, has also been critical to sustained success.”
Mica Ridge will ultimately incorporate 20 freehold sites, including the nine in the initial release.
Located to the south of the 4th fairway of the Coronet Nine, the remaining sites range in size from 1303sqm to 1772sqm and sit in an elevated position.
“It’s an absolutely beautiful piece of land,” said Mr O’Malley.
“It’s North-sloping, set over three elevated ridges running North to South and with low gullies in-between being kept as open green spaces. All the elements that make Millbrook so special – water, golf, established trees, stone walls and wide panoramic views -- feature in this development.”
A new pond within the heart of this development will connect to Mill Stream.
Mr O’Malley said the sales were a vote of confidence as the resort prepared for 20th anniversary celebrations next year.
“This will be an opportunity to take stock of our successes and celebrate being the first luxury golf resort in the Queenstown and Arrowtown region, one that has endured and has never compromised its stamp of quality.”
Over the past four years, Millbrook has developed successful neighbourhoods including Coronet Square, McEntyre’s Tarn, Taramea Square and Mill Green, as well as a number of land-only sites, all clustered around the Coronet Nine golf course.
It recently reclaimed the title of Leading Golf Resort in Australasia at the 2012 World Travel Awards.
1/ Millbrook houses under construction with the new Mica Ridge land visible at the right hand side of the image.
For further media information or high res images please contact:
Property and Development Manager
021 397 608
Southern PR Ltd
03 441 1117