| Decision | Consent granted Section 12(a) Overseas Investment Act 2005 |
|---|---|
| Decision date | 17 July 2012 |
| Investment | An overseas investment in sensitive land, being the Applicant's acquisition of a freehold interest in 1.8174 hectares of land at 20 Strathfield Lane, Whitford. |
| Consideration | $6,050,000 |
| Applicant | Richard Lewellen Griot United States of America (100%) |
| Vendor | Selwyn John Taylor, Julie Marie Taylor and Robert Gordon Foster New Zealand (100%) |
| Background | The Applicant intends to acquire the land to use as a residence and intends 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 | Carolyn Cameron Burton & Co PO Box 8889 AUCKLAND |