Hampshire Holiday Parks Limited
Case number(s)
Decision date
DecisionConsent granted
Section 12(1)(a) Overseas Investment Act 2005
Decision makerToitū Te Whenua Land Information New Zealand
Decision date07 February 2024
Pathway(s)Sensitive land – Benefit test
InvestmentAcquisition of leasehold interests of up to 48 years in approximately 2.0061 hectares of land at 34 Beach Road, Kaikoura
ConsiderationWithheld under section 9(2)(b)(ii) of the Official Information Act 1982.
ApplicantHampshire Holiday Parks Limited
Australia 100%
VendorKaikoura Top 10 Holiday Park Limited
New Zealand 100%

The Applicant is a subsidiary of Australian AZZ Pty Limited. It invests in New Zealand holiday parks. 

The land is currently used as a holiday park. The Applicant plans to develop the park through proposed capital upgrades. The main benefits to New Zealand are likely to be increased capital expenditure, job creation and advancement of the Government's tourism strategy.

Consent was granted as the Applicant met the investor test criterion and the investment is likely to benefit New Zealand.

More informationElise Markwick
Martelli McKegg
PO Box 5745