| Decision | Consent granted Section 12(a) Overseas Investment Act 2005 |
|---|---|
| Decision date | 2 April 2015 |
| Investment | An overseas investment in sensitive land, being the Applicants’ acquisition of a freehold interest in approximately 19.8480 hectares of land at 30 & 40 Tairere Road, Ti Point, Auckland. |
| Consideration | $4,050,000 |
| Applicants | Partridge (Ute) and Partridge (Fraser Charles) German Public (50.0%) United Kingdom Public (50.0%) |
| Vendors | Janice Fay Haslam Haslam (Janice Fay), Haslam (Tracy) and Mason (David Hamilton) |
| Background | Ute and Fraser Charles Partridge have recently immigrated to New Zealand and intend to acquire the land to use as one of their two homes. The land includes a boutique vineyard that the Partridges intend to operate. The Partridges intend to reside indefinitely in New Zealand. The overseas investment transaction has satisfied the criterion in section 16(1)(e)(i) of the Overseas Investment Act 2005. |
| More information | Sam Greenwood Thompson Blackie Biddles PO Box 1996 Shortland Street AUCKLAND 1140 |