Applicant
180D Ness Road Limited
Case number(s)
202200447
Decision date
Type
Decision
Decision

Consent granted
Section 12(1)(a) Overseas Investment Act 2005

Decision maker

Toitū Te Whenua Land Information New Zealand

Decision date

21 February 2023

Pathway(s)

Benefit to New Zealand (Benefit to New Zealand)

Investment

An overseas investment in sensitive land, being the Applicant’s acquisition of a freehold interest of 5.0008 hectares at 180D Ness Road, Waipapa, Kerikeri, Northland (the Land).

Consideration

$2,750,000

Applicant

80D Ness Road Limited 
Australia (75%)
New Zealand (25%)

Vendor

Trustees of The G & S Trust 
New Zealand (100%)

Background

The Applicant will lease the Land to two businesses which will use the Land to develop, test and manufacture their products. Outcomex Pty Ltd (an Australian IT company) will use the Land to develop its range of FarmDeck sensor products and software and to develop new technology for use in the farming and horticultural industries (both domestically and for overseas export). Electronic Industries Limited (a plastic injection moulding company) will produce seedling containers and other plastic products. It will also collaborate with Outcomex Pty Ltd to manufacture the plastic componentry required in its products. The Applicant will construct a large warehouse on the Land as a storage facility.

More information

Catherine Reid
Barrister
catherine@catherinereid.co.nz

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