| Decision | Consent granted Section 12(a) Overseas Investment Act 2005 |
|---|---|
| Decision date | 5 August 2014 |
| Investment | An overseas investment in sensitive land, being the Applicant's acquisition of a freehold interest in 74.2243 hectares of land at 297 Turirangi Rd, Makarau, North Auckland. |
| Consideration | $960,000 |
| Applicant | Kristian & Philippa Allen Philippa Susan Allen, United Kingdom (50.0%) Kristian Percival Allen, United Kingdom (50.0%) |
| Vendor | Susan Ann Pizzey & Anne Therese Kiddie Susan Ann Pizzey, New Zealand (75.0%) Anne Theresa Kiddie, New Zealand (25.0%) |
| Background | Mr and Mrs Allen have moved to New Zealand and intend to reside here indefinitely. They will use the land as a residence and a working farm. The overseas investment transaction has satisfied the criterion in section 16(1)(e) of the Overseas Investment Act 2005. |
| More information | Kristian & Philippa Allen 1/10 Ashcraig Court Torbay Auckland 0630 |