| Decision | Consent granted Section 12(a) Overseas Investment Act 2005 |
|---|---|
| Decision date | 19 September 2012 |
| Investment | An overseas investment in sensitive land, being the Applicant's acquisition of a freehold interest in 2.2081 hectares of land at 281 Hill Head Road, Corstorphine, Dunedin. |
| Consideration | $225,000 |
| Applicant | Heath Dwayne Sanchez & Rebecca Grace Sanchez Australia (100%) |
| Vendor | Warren Hastings Batchelor, Carolyn Ruth Edwards and WF Trustees 2006 Limited as trustees of the Cawa Trust New Zealand (100%) |
| Background | The applicants intend to reside indefinitely in New Zealand and are acquiring the property to reside on. The overseas investment transaction has satisfied the criterion in section 16(1)(e)(i) of the Overseas Investment Act 2005. |
| More information | Joe O'Neill O'Neill Devereux PO Box 909 Dunedin 9054 |