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Applicant
Goodfield Properties Development Limited
Case number(s)
202400411
Decision date
Type
Decision
DecisionConsent granted
Section 12(1)(a) Overseas Investment Act 2005
Decision makerToitū Te Whenua Land Information New Zealand
Decision date29 July 2024
PathwaySensitive land – Residential land development (one off)
InvestmentAcquisition of a freehold interest in approximately 1.0015 hectares of land at 259 Mill Flat Road, Riverhead
Consideration$1,600,000
ApplicantGoodfield Properties Development Limited
Hong Kong 90% 
New Zealand 10%
VendorMillhouse Developments Limited 
New Zealand 100%
Background

The Applicant is a New Zealand incorporated limited liability company recently established to undertake the proposed development on the land of a new rest home facility with associated facilities and infrastructure. The facility will be operated by another company in the Applicant’s group.

The land is currently bare land and is being subdivided by the Vendor. 
Consent was granted as the Applicant has met the investor test criterion and the increased housing test.

More informationChristina Lefever
Lefever Law
PO Box 33064
Barrington
Christchurch 8244