| Decision | Consent granted Section 12(1)(a) Overseas Investment Act 2005 |
|---|---|
| Decision maker | Toitū Te Whenua Land Information New Zealand |
| Decision date | 14 February 2024 |
| Pathway(s) | Sensitive land - Intention to reside |
| Investment | Acquisition of freehold interest in 78.45 hectares of land at 192F Wainui Road, Whangaroa, Far North |
| Consideration | $650,000.00 |
| Applicant | Rory James Scallan and Sandra Gail Scallan Australia 100% |
| Vendor | Yuen Yi Tsui and Douglas James Blaikie as Trustees of the Yuen Yi Tsui Family Trust New Zealand 100% |
| Background | The Applicants are purchasing a 78.45ha property in Northland, which is currently an unused bush block. The Applicants intend to build a dwelling and live on the land. Consent was granted as the Applicants met the investor test criterion and the intention to reside in New Zealand indefinitely criteria. |
| More information | Alan Lear Alan Lear, Barrister PO Box 3705 Auckland 1140 |