| Decision | Consent granted Section 12(1)(a) Overseas Investment Act 2005 |
|---|---|
| Decision maker | Toitū Te Whenua Land Information New Zealand |
| Decision date | 29 July 2024 |
| Pathway | Sensitive land – Residential land development (one off) |
| Investment | Acquisition of a freehold interest in approximately 1.0015 hectares of land at 259 Mill Flat Road, Riverhead |
| Consideration | $1,600,000 |
| Applicant | Goodfield Properties Development Limited Hong Kong 90% New Zealand 10% |
| Vendor | Millhouse Developments Limited New Zealand 100% |
| Background | The Applicant is a New Zealand incorporated limited liability company recently established to undertake the proposed development on the land of a new rest home facility with associated facilities and infrastructure. The facility will be operated by another company in the Applicant’s group. The land is currently bare land and is being subdivided by the Vendor. |
| More information | Christina Lefever Lefever Law PO Box 33064 Barrington Christchurch 8244 |