Applicant
4052 Great Limited
Case number(s)
202400305
Decision date
Type
Decision
Decision

Consent granted
Section 12(1)(a) Overseas Investment Act 2005

Decision maker

Toitū Te Whenua Land Information New Zealand

Decision date

19 June 2024

Pathway(s)

Sensitive land - Residential land development (One-off)

Investment

A freehold interest in 0.1014 hectares at 4052 Great North Road, Glen Eden, Auckland.

Consideration

$2,080,080

Applicant

4052 Great Limited
China 100%

Vendor

Glen Eden Construction Limited
New Zealand 100%

Background

4052 Great Limited is a New Zealand company established by Han Xu, a Chinese citizen and permanent NZ resident, to undertake a small residential development in west Auckland. 

The proposed development is the construction and on sale of a 10-unit residential terrace dwelling on a lot that previously held one residential dwelling. 

Consent was granted as the Applicant has met the investor test criterion and the investment is likely to result in an increased housing outcome.

More information

Xiaoji Li
Carson Fox Legal (Carson Fox Bradley Limited)
P O Box 37403 
Parnell 1151