CDL Investments New Zealand Limited is a New Zealand-based company, which is engaged in land-based investment and development. The principal activity of the Company is the development and sale of residential land properties. The Company's segment is property operations. The Company's subdivisions include Magellan Heights, Northwood, Washbourn Terraces and Stonebrook. The Magellan Heights property is located in Hamilton. Northwood is located in Hawkes Bay. Washbourn Terraces is located in Nelson. Washbourn Terraces is located close to the center of Richmond. Washbourn Terraces has a combination of flat building sites, having sea views to the north, and hill views to the east and west. Magellan Heights has landscaped sections and building covenants. Northwood provides a range of section sizes to suit a range of house styles with building covenants.