Hi *|FNAME|*, Please find below Urban Development News from the media from the week of 17 April 2018.
Millbrook golf resort moves to develop neighbouring farm
Millbrook Holdings (NZ) at Arrowtown near Queenstown sold a record number of properties last year, making a profit after tax of $2.6 million.
The accounts show $48m worth of property sold by the golf resort company, but the total value of properties exchanged was $64m when sales by individuals were included.
Managing director Ben O'Malley said the company was about to seek resource consent for further expansion including an additional nine-hole course.
Prefabricated housing is an option the government is looking at to increase the number of new homes being built, says Building and Construction Minister Jenny Salesa.
Ms Salesa told TV3's Newshub Nation, the government was in talks over developing a factory for prefab houses, but said it was too early to give details.
The advantage of building prefab homes was that they could be built quickly, she said.
Millbrook golf resort moves to develop neighbouring farm
