Media release from Villasqueenstown.com

Media release from Villasqueenstown.com
Monday 11 September 2006

Queenstown Experts Pool Talent to Launch Luxury Development and Accommodation Business

An unparalleled merger of property and tourism experience creates a strong foundation for new Queenstown business, Villasqueenstown.com.

Formed by Wayne Foley, Ross Marett and Bert Govan, Villasqueenstown represents a comprehensive bank of knowledge in the development, tourism, sales and marketing, and accommodation industries.

The company, which specialises in villa development and exclusive property management, is formally joined by sister company and luxury accommodation provider, The Villas In Queenstown.

The result is a full-service company supporting a range of clients from homebuyers and investors, to companies, businesspeople and families looking for a unique holiday retreat.

As well as intimate knowledge of the Queenstown region and its unique culture, the Villasqueenstown team has a proven track record in the construction of high-end property developments in premium locations, and the marketing and promotion of many of those villas to the executive holiday and business rental market.

“This region is our home, so we know exactly how to secure a short or long term Queenstown experience for our clients,” said Mr Foley.

“We take great pride in developing exceptional properties with secure lake and mountain views, which also create the perfect location for a relaxing family holiday, weekend break or romantic trip.”

Villasqueenstown provides a full support service to investors and buyers, including assistance with appropriate ownership structures, and turnkey fitouts as required.

Current projects include Commonage Close, a premium development of 14 villas set high on Queenstown Hill, due for completion by mid April 2007. Ten of the villas have already sold, and by late December the Commonage Close lifestyle will be showcased with the completion of three fully furnished villas.

Mr Foley said the Commonage Close villas continued to generate significant buyer interest.

“This demand is strongly linked to the fact that Commonage Close is Queenstown’s only truly alpine development. The development fronts onto reserve land ensuring privacy and views are protected,” he said.

The company’s latest project, Killarney Way, is a development of eight exclusive lifestyle villas located on a Queenstown Hill ridge, surrounded by trees and with stunning gardens.

Killarney Way resource consent has been filed. The development is scheduled for completion in 2008.

Exclusive property management for visitor stays is the second core service of Villasqueenstown. Elegant, privately owned, and exquisitely furnished villas in Queenstown’s ‘dress circle’ locations are available for rental, via The Villas In Queenstown.

Fifty percent of The Villas In Queenstown is owned by Vicki Hill, while Villasqueenstown’s Ross Marett, Wayne Foley and Bert Govan own the remaining 50 percent.

Director Ross Marett said the company was seeing the dynamics of New Zealand tourism evolve.

“As flight prices continue to rise, budget travelers are making way for more upmarket visitors who often search for and book their own high-standard accommodation,” he said.

“At The Villas In Queenstown we’re tracking and responding to the growing demand for exclusive luxury rental properties. At the same time, with Villasqueenstown, we’re expertly positioned to offer an investment opportunity to the many visitors who come here, then decide to secure their own slice of our coveted lifestyle.”

This accommodation aspect of the business combines management of luxurious villas with superior guest services for executive holiday and business rental, complete with full room and concierge services.

Villas in the Commonage Close development and other Villasqueenstown developments in the pipeline will be added to the accommodation ‘pool’ when they become available.

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About the Villasqueenstown.com team:
Ross Marett has more than thirty years’ experience in Queenstown’s tourism and real estate industry. He is widely regarded as a tourism pioneer after developing a successful jet boating business and breaking new ground with the establishment of tourist ‘combo’ trips.

Over the past decade Wayne Foley has earned a reputation as a niche premium property developer. Wayne is chairman of the NZ Historic Places Trust Queenstown branch and a member of the Queenstown Lakes District Council Urban Design Panel.

Bert Govan is behind some of the South Island's more prestigious property developments including Queenstown’s Garden Court Apartments. He is a Fellow of the New Zealand Institute of Management, with 28 years’ property development experience.

ENDS

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