Applicant
KTW Systems LP
Case number(s)
202600268
Decision date
Type
Decision
Topic
Overseas investment
DecisionConsent granted
Section 12(1)(a) Overseas Investment Act 2005
Decision makerToitū Te Whenua Land Information New Zealand
Decision date13 May 2026
PathwaySensitive land - Residential land development (one off purchase - incidental residential use)
InvestmentAcquisition of a freehold interest in approximately 0.0508 hectares of land located at 11 Palmerston Road, Birkenhead, Auckland.
Consideration$1,900,000
ApplicantKTW Systems LP
United States of America 100%
VendorAdrian Robert Jamieson
Background

The Applicant is a limited partnership wholly owned by United States citizen Matthew Adam Ocko.

The Applicant owns and operates a luxury short-term accommodation business ‘Baybridge House’ which directly adjoins the land.

The land will be used to accommodate Baybridge House’s staff.

Consent was granted as the Applicant has met the investor test criterion and the Investment is likely to result in incidental residential use of the land.

More informationWilly Sussman and Toa Vulangi
Bell Gully (Auckland)
PO Box 4199
Auckland 1140