Applicant
Calum Kerr McKenzie & Felicity Jane McKenze
Case number(s)
201120031
Decision date
Type
Decision
DecisionConsent granted
Section 12(a) Overseas Investment Act 2005
Decision date19 December 2011
Investment

An overseas investment in sensitive land, being the Applicant's acquisition of:

  • a freehold interest in 207.8611 hectares of land at 310 State Highway 12, Opononi, Hokianga; and
  • a leasehold interest in 46.2326 hectares of land at 310 State Highway 12, Opononi, Hokianga.
Consideration$1,360,000
ApplicantCalum Kerr McKenzie & Felicity Jane McKenzie
United Kingdom (100%)
VendorGayle Elaine Lloydd & Shane Michael Lloydd
New Zealand (100%)
Background

The Applicants intend to reside indefinitely in New Zealand. They are acquiring the land to use as a grazing and fattening block for cattle. The Applicants may at a later date explore the possibility of converting the land into a dairy farm or use it as a run-off block should they acquire an additional dairy farm in the area.

The overseas investment transaction has satisfied the criteria in section 16(1)(e)(i) of the Overseas Investment Act 2005.

More informationRichard Palmer
Palmer Macauley
PO Box 576
KERIKERI