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December, 2019

Five years of planning is coming to fruition for Queenstowns award-
winning Millbrook Resort, developing a new golf course complemented
by two high-end residential neighbourhoods.

Back in 2014 the Overseas Investment Office approved Millbrooks
purchase of 67 hectares of the former Dalgleish Farm land on its
western boundary.

Seventeen months after site clearance started on the $50m
development now known as Mill Farm, its full speed ahead as the
course takes shape and building platforms are developed for 42 building
sites -- averaging around 2000m2-- on two distinct sites within the farm.

A large upper plateau called The Grand Terrace is home to 24 sites,
situated among undulating hills and natural rock formations with
outstanding panoramic views over fairways and pastoral lands to the
mountains that ring the famed Wakatipu Basin.

Nestled on the lower elevation, Willow Glen sites are taking shape
alongside tees and fairways of nine new holes that will form part of the
re-designed Coronet 18 course.

They boast north-facing outlooks over an enhanced Mill Stream which
has been widened to create larger waterways bounded by wildlife

Willow Glen and The Grand Terrace are surrounded by over 20 hectares
of working farmland.

Work is nearing completion on rebuilding the historic woolshed which
has been moved from its original location to a paddock adjoining
Malaghans Road, on the northern boundary of the farm.

An historic cottage on the site will be restored and enhanced with
sympathetic additions connected to this original stone cottage, which
will eventually be for sale as part of a trophy site.

The golf course will be fully sown out by the end of January next year,
with cart path construction and bunkers filled during the grow-in phase
before being playable by Spring 2021.

Following work to relocate the original Arrow Irrigation Scheme
pipework which originally ran across the land, a new irrigation lake has
been beautifully integrated into the course layout.

It is sensationally picturesque, with a jetty jutting out into the water
that will be a photographers dream.

The new course boasts what Millbrook believes to be the highest
commercial golf tee in the country at 480m above sea level.

With summer underway there are around 40 contractors on site on any
given day, and Millbrook Director of Property and Development Ben
OMalley says its thrilling to see just how quickly Mill Farm is coming
to life.

When its something weve envisioned for this long, its extremely
rewarding to see it take shape and become a reality, he says.

The design of the course plays through impressive ice-sculptured
canyons and valleys, transitioning through a grazed paddock before
returning alongside Mill Stream.

The typology of the land and clever design means that on many of the
holes, houses are hidden from view.

All building platforms have been thoughtfully integrated so that each
has a unique view over outstanding tee, fairways, mountain or rural
views, or all of the above!

The new development will add nine new golf holes to Millbrooks
current world-class 27-hole offering, meaning two full 18-hole courses
will operate when it opens  the Coronet and the Remarkables courses.
The new development will retain a rural, agrarian feel thanks to the
rustic open farm areas scattered around the course, including the high
hillocks that form a natural western geographical end point.

Development of Mill Farm is the latest chapter in an ongoing success
story of golf course and property development for Millbrook Resort.

While Mill Farm properties are not yet being marketed, Millbrook
recorded total property sales of $45m for its financial year ending
September 30 2019.

Sales of the Residences On Dalgleish have been outstanding.

The collection of five magnificent homes masterfully designed by Mason
and Wales Architects is adjacent to the green expanses of the fourth
and seventh fairways of the current Coronet Nine.

Of the three currently under construction, two have sold, one for a
Millbrook record of $5.45million.

The third is being developed as a show home expected to open in March
next year, the first in show home over 12 months.

The Frontiers, a home and land release of eight properties on
Ploughmans and Wheatsheaf lanes, have also sold well this year, with six
sold off the plans.

Just nine titled land-only parcels remain available at Fairway Heights
and Fairway Crest with some magnificent homes being constructed on
those already sold.

Its rewarding to see continued investment in Millbrook and our way of
life by purchasers, and our earliest indications are that Mill Farm will be
highly sought-after when it comes to market in autumn next year, says
Mr OMalley.


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