Emerging land lease community operator Millbray is making its mark in Queensland’s land lease sector, with a growing portfolio and a fresh approach to over-50s living.
Its flagship project, Ashcroft, is taking shape at Flagstone with construction under way and first residents expected later this year.
Ashcroft will soon be joined by new Millbray communities at Highfields, north of Toowoomba, with additional projects in the planning stages across Australia.
Millbray general manager of development Matt Fedrick said Ashcroft, like all Millbray communities, would be delivered under the Millbray Made philosophy – guiding design principles that puts lifestyle at the forefront.
Millbray’s flagship project, Ashcroft, is taking shape at 125 College Drive, Flagstone.
“The Millbray Made philosophy brings a fresh perspective to over-50s living, delivering communities that raise the standard of living for our residents by ensuring every home is designed with intention, delivered with care, and made for life,” he said.
“It’s embedded in every detail, from the exclusive resident amenities which promote real connections, to home designs that provide space without unnecessary upkeep.
“For residents, it’s about the experience as well as the final product – beautiful and practical home designs set within vibrant, connected and welcoming neighbourhoods.
“Ashcroft is just the beginning – with additional projects in the pipeline, our team is bringing together decades of experience to build a growing national portfolio of communities.”
Ashcroft will deliver 293 two- and three-bedroom single-level homes, priced from $575,000, alongside 5000sq m of resort-style amenities.
Mr Fedrick said residents would own their home and lease the land from Millbray as the community’s owner operator through the land lease model.
“The land lease model is a clear pathway that helps our residents plan ahead and focus on enjoying life, connecting with their community, and sharing in the growth of the local market,” he said.
“Our residents have more certainty with no stamp duty, no council rates, and when it’s time to sell, they retain any capital gains on the home with no exit fees.”
The 12ha Ashcroft masterplan is Flagstone’s first land lease community and will provide 293 two- and three-bedroom single-level homes, alongside 5000sq m of resort-style amenities.
Amenities include a clubhouse featuring a kitchen, bar, sports lounge, cinema, library, craft room, and outdoor barbecue areas, a 25m heated pool, spa, gym, bowling green, pickleball courts and golf simulator.
Mr Fedrick said Ashcroft offered exclusivity within a thriving precinct alive with community spirit.
“Every element of this community is intentional, from the connected walking paths and green spaces to the arrival experience that fills residents with a sense of pride when they come home, or when friends and family visit,” he said.
“It’s also secure and gated for peace of mind. Homes at Ashcroft embody contemporary design to capture the best of Queensland living, with light-filled open-plan living, generous entertaining areas and front porches, as well as practical storage solutions and ample garage space.
“Resort-style amenities prioritise health and wellness, including a clubhouse and recreation spaces, allowing residents to unlock a lifestyle that suits who they are today.”
The 12ha masterplan site is positioned between Brisbane and the Gold Coast in one of South East Queensland’s fastest-growing corridors.
The large clubhouse is a focal point for social connections and features a kitchen, bar, sports lounge, cinema, library, craft room, and outdoor barbecue areas. Recreation spaces also include a 25m heated pool, spa, gym, bowling green, pickleball courts and golf simulator.
Mr Fedrick said Ashcroft was surrounded by green parklands on an elevated site within easy reach of city, coast and country, and just a short drive from supermarkets, retail and dining precincts and medical centres.
“Positioned between Brisbane and the Gold Coast in one of South East Queensland’s fastest-growing corridors, Ashcroft is perfect for over-50s who still work, or simply want more time for what matters,” he said.
“Construction is already under way, and we expect to welcome the first residents later this year.
A Community Reveal event will be held on Friday, March 20, at 9am at Flagstone Vista Park.
“Ashcroft is heralding a new era in lifestyle living, with more Millbray communities to follow.”
New homes at Ashcroft are priced from $575,000, with the first sales release later this month.
See the vision for Ashcroft at the Community Reveal event on Friday, March 20, 9am, at Flagstone Vista Park. To register, visit millbray.com/Ashcroft
ASHCROFT
Land lease community operator: Millbray
Address: 125 College Drive, Flagstone
Features: Land lease community for over 50s on a 12ha masterplan with 293 two- and
three-bedroom single-level homes priced from $575,000 alongside 5000sq m of resort-style amenities. Community Reveal event on Friday, March 20, 9am, at Flagstone Vista Park. To register, visit the website.
More info:millbray.com/Ashcroft
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