The Canadian director of Titanicand Avatar was given the all clear by the Overseas Investment Office in decisions released this month.
He will buy 26.8ha of land on Wharekauhau Lodge on Western Lake Road near
The decision is the third stage of Cameron's land acquisitions in Wairarapa this year but it is unknown whether he is yet to buy more land in the region.
The OIO first gave approval in February for Cameron to buy South Wairarapa land - two Western Lake Rd properties, including a 250haworking dairy farm and a 817ha hillside block overlooking Pounui - and in March allowed him to buy 10.11ha of land on the same road.
The prices of the land at Whakekauhau Lodge have been suppressed.
Cameron made a series of applications to buy Western Lake Rd farmland through his companies Anglin Classics LLC and Europa Research LLC.
In the report from the OIO, Cameron said he intended to live indefinitely in New Zealand with his family.
- APNZBy Kate Shuttleworth | Email Kate