Decision Summary - Sara Melanie Smerdon
| Decision | Consent granted Section 12(a) Overseas Investment Act 2005 |
|---|---|
| Decision date | 26 November 2009 |
| Investment | An overseas investment in sensitive land, being the Applicant's acquisition of a freehold interest in 17.1400 hectares of land at 23 Mahakirau Road, The 309 Road, Coromandel. |
| Consideration | $210,000 |
| Applicant | Sara Melanie Smerdon Australia (100.0%) |
| Vendor | The Oaks Centre Solicitors Nominees Limited New Zealand (100.0%) |
| Background | The Applicant intends to reside indefinitely in New Zealand and is acquiring the property to build a home to use as a residence, together with her partner. The overseas investment transaction has satisfied the criteria in section 16 of the Overseas Investment Act 2005. |
| More information | Terry Kirkham LePine & Co PO Box 140 TAUPO |
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