36457

Auckland's Waiwera Thermal Resort faces an uncertain future following the revelation that its owners have cancelled the lease of the off-shore business that was operating the facility.

The pools, north of Auckland, have been closed for renovations since February and were due to open for the summer.

However, the landowner, Waiwera Properties Limited, has advised that with the resort operator, Waiwera Thermal Resort Limited, failing to make rent payments they had been shut out - with its lease terminated and locks changed.

Waiwera Properties Director, Evan Vertue, said there had been no activity at the resort since last month and the resort operator had been late on about 10 rent payments over two years and had been consistently warned.

Advising that shutting out the tenant was a last resort, Vertue stated "Waiwera Thermal Resort has been enjoyed by many families over the years, it is a popular destination for locals and visitors to our country.”

On Thursday morning, the lease of the resort and the water bottling plant next door were cancelled.

Reports suggest that contractors working on the refurbishment are also out of pocket.

Waiwera Thermal Resort Limited’s owners are listed as American Leon Fingerhut and Russian Mikhail Kimich.

Related Articles

29th January 2017 - Significant growth in international wellness tourism

9th March 2016 - New Maruia Hot Springs resort owners look to expand in international wellness market

28th December 2015 - Major investments in New Zealand holiday parks

4th February 2015 - Fitness and wellness holidays a growing trend

20th February 2013 - Confusion leads to Auckland waterslide ban

11th October 2011 - Key factors for successful and sustainable small tourism destinations

12th February 2011 - Waiwera Resort drowning reinforces need for parents to watch children around water

---

Support our industry news service
We hope that you value the news that we publish so while you're here can we ask for your support?

As an independent publisher, we need reader support for our industry news gathering so ask that - if you don't already do so - you back us by subscribing to the printed Australasian Leisure Management magazine and/or our online news.

Click here to view our subscription options.