Applicant
General Distributors Limited
Case number(s)
201900213/5
Decision date
Type
Notification
Parent Decision
201900213
Notification

Notification of a Transaction under a Standing Consent
Section 12(1)(a) and Section 13(1)(c) Overseas Investment Act 2005
Notification number 5/25
Date 20 July 2023
Rent per annum Withheld under s(9)(2)(b)(ii) of the Official Information Act
Consent holder General Distributors Limited
Australian Public (99.45%)
Various (0.55%)
Vendors/lessor Belfast Village Centre Limited
Background

The Consent Holder was granted a residential standing consent under the non-residential use pathway on 13 of November 2019.

This standing consent permits the Consent Holder to acquire up to 75 hectares of residential land (but not otherwise sensitive) in up to 10 transactions with a maximum of 15 hectares per transaction by 1 December 2024.

This is the 5th transaction under this consent of approximately 0.515 hectares of land at 751 - 755 Main North Road, Belfast, Christchurch.The Consent Holder has leased the Land from the lessor with the intention to operate a supermarket on the Land.
More information Anna Crosbie
Russell McVeagh
PO Box 8
Auckland 1140