| Decision | Consent granted Section 12(1)(a) Overseas Investment Act 2005 |
|---|---|
| Decision maker | Toitū Te Whenua Land Information New Zealand |
| Decision date | 9 September 2025 |
| Pathway | Sensitive land - Benefit to New Zealand |
| Investment | Acquisition of a leasehold interest in approximately 7.995 hectares of land located at 163 Thornton Beach Road, Thornton, Whakatane. |
| Consideration | Withheld under s9(2)(b)(ii) of the Official Information Act 1982 |
| Applicant | Hampshire (NZ) Limited Australia 100% |
| Vendor | Thornton Beach Holiday Park (2015) Limited New Zealand 100% |
| Background | The Applicant is owned by AZZ Pty Limited, an Australian company operating holiday parks mostly in Australia, with some in New Zealand. 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 information | Catherine Reid, Barrister catherine@catherinereid.co.nz |