|Toitū Te Whenua Land Information New Zealand
|13 July 2023
|Sensitive land - Residential land development (one off)
|Acquisition of approximately 0.7461 hectares at 180 Chapel Road, Flat Bush, Auckland
Vital Healthcare Property Limited
177 Investment Limited
Jingyao International Limited
The Applicant is the entity that manages the New Zealand properties of Vital Healthcare Property Trust, which invests in healthcare related properties.
The Applicant owns the adjoining property to the land being acquired, on which the Ormiston Hospital is situated. The Applicant proposes to incorporate the land into the Ormiston Hospital healthcare precinct and use it as an onsite carpark.
Consent was granted to this investment as the Applicant met the investor test criterion and the investment is likely to result in a non-residential use outcome.