Decision |
Consent granted |
---|---|
Decision maker |
Toitū Te Whenua Land Information New Zealand |
Decision date |
21 February 2023 |
Pathway(s) |
Benefit to New Zealand (Benefit to New Zealand) |
Investment |
An overseas investment in sensitive land, being the Applicant’s acquisition of a freehold interest of 5.0008 hectares at 180D Ness Road, Waipapa, Kerikeri, Northland (the Land). |
Consideration |
$2,750,000 |
Applicant |
80D Ness Road Limited |
Vendor |
Trustees of The G & S Trust |
Background |
The Applicant will lease the Land to two businesses which will use the Land to develop, test and manufacture their products. Outcomex Pty Ltd (an Australian IT company) will use the Land to develop its range of FarmDeck sensor products and software and to develop new technology for use in the farming and horticultural industries (both domestically and for overseas export). Electronic Industries Limited (a plastic injection moulding company) will produce seedling containers and other plastic products. It will also collaborate with Outcomex Pty Ltd to manufacture the plastic componentry required in its products. The Applicant will construct a large warehouse on the Land as a storage facility. |
More information |
Catherine Reid |
- Last updated