Applicant
Kroll Limited as trustee of The Wawrzyniak Family Trust
Case number(s)
202400076
Decision date
Type
Decision

Decision

Consent granted
Section 12(1)(a) Overseas Investment Act 2005 

Decision Maker

Toitū Te Whenua Land Information New Zealand

Decision Date

16 April 2024

Pathway

Sensitive land - Intention to reside

Investment

Acquisition of freehold interest in 171.3183 ha of land at 1135 Matapouri Road, Northland

Consideration  

$6,000,000

Applicant

Kroll Limited as trustee of The Wawrzyniak Family Trust
United States of America 100%

Vendors

Rosemary Ursula McElroy, Terry Louis Marusich and James Edward Webber
New Zealand 100%

Background

The Applicant is purchasing a 171.3183 ha of land at 1135 Matapouri Road, Northland which is currently used for beef stock grazing and manuka honey production. The Applicant intends to operate the land in the same way as it is currently being used and ultimately build a family home on the property.

Consent was granted as the Applicant met the investor test criterion and the intention to reside in New Zealand indefinitely criteria. 

More information

Sam Nelson
Lane Neave
Level 1
2 Memorial Street
Queenstown 9300