Sat, 28th Dec 2013
The 2014 NZ Open in Queenstown received some Hollywood glamour today (December 27) with the announcement that well-known American dancer, choreographer and model Cris Judd will join the celebrity field....more
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
Property sales up at Queenstown's Millbrook Resort
Fri, 18th Oct 2013
Property sales up at Queenstown’s Millbrook Resort
The success story that is Queenstown’s Millbrook Resort continues apace with a continued upswing in housing and land sales and the announcement of the next staged development.
The multi-million-dollar luxury lifestyle resort clocked up $36m of sales to the end of its financial year in September 2013, a 38% increase over each of the previous two years, which were both $26m.
Twenty-seven sales throughout the 12-month period (a combination of 14 new sales and 13 re-sales) had an average value of $1.33m each -- seven sales were sections and 20 were homes.
“On the back of that strong sales curve we’re delighted to announce that we’ve just received resource consent for the next 23-lot Stage 3B development overlooking the fourth fairway of our Coronet Nine golf course,” said Millbrook Property and Development Manager Ben O’Malley.
“Work on that is scheduled to start in December and we know there’s substantial demand out there particularly from our domestic market.”
Mr O’Malley said that of the sales over the past 12 months, all brokered by Austin Bragg and Julia Blanchard of Millbrook Realty Ltd, 78% of them were to New Zealanders, either those living in the wider region, Aucklanders, locals or a small number of returning expats.
Remaining sales were split evenly between Australians and those from other countries.
Mr O’Malley put the increase in sales down to growing market confidence, trust in the developer and the diverse range of products it had developed.
“From completed luxury homes of various sizes and floor-plans to expansive building sites, these are proving attractive to a wide group of potential owners and investors,” he said.
“Queenstown’s one of the greatest places in New Zealand to own a second home or holiday home, and we’re continuing to see several properties sell off the plans and multiple offers on some sites or properties.”
Mr O’Malley said the Millbrook lifestyle appealed very strongly to the family market in particular which had experienced good percentage growth.
“Overall we have the confidence to continue construction at a faster pace than ever before.”
“Right now we have eight homes under construction for Millbrook and there are another eight under construction for site owners. We’re also about to start work on another four homes in the style of the Mason & Wales-designed McEntyre’s Tarn development which proved hugely popular and has sold out.”
In the resort’s Taramea Square development, seven of the 12 homes have been sold and are either completed or under construction, including the first show home decked out by interior designer Sue Nauman.
A second show home, a larger Courtyard Home, is currently open for viewing, and a new Ski Barn will open in February 2014 as a show home.
In the Coronet Square development, designed by Haden Emslie, another show home with new and interesting features and showcasing the work of interior designer Jean Foster is scheduled to open in December.
“We’ve learned that people want to really see, touch and ‘feel’ the ambience of these homes, so committing to building them and fitting them out beautifully as show homes really helps reinforce Millbrook’s reputation for quality and craftsmanship so buyers continue to invest,” said Mr O’Malley.
“Thanks to our dynamic recent sales activities, listings for re-sales are currently low, so increasingly investors are looking for opportunities to buy new homes from a proven developer.”
Millbrook Resort recently marked an important milestone, celebrating twenty years since it first opened its gates. It now employs over 200 staff, and is the largest luxury golf and lifestyle resort in the South Island.
It has a winning combination of a stunning Central Otago location matched with magnificent architecturally-designed homes within 20 minutes’ drive of a booming year-round destination.
1/ Coronet Square homes viewed across the 3rd fairway of the Coronet 9
2/ An interior view of the recently completed show home at Taramea Square
For further media information or high res images please contact:
|Ben O'Malley||Fiona Woodham|
|Property and Development Manager||Director|
|Millbrook||Southern PR Ltd|
|021 397 608||03 441 1117/ 0274 313 270|
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
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. ...more