1 Nov 2018

Waiwera hot pools looks for new management

11:49 am on 1 November 2018

Waiwera Thermal Resort has received expressions of interest for new management, its owner says.

The Waiwera Thermal Resort and Spa.

The Waiwera Thermal Resort and Spa. Photo: Google Maps

The lease was cancelled last week after the former operators of the park failed to pay rent.

Waiwera Properties Limited project director Evan Vertue said they had already had inquiries about the resort.

"We are working on the future and we have had interest."

They were interested to hear whether Auckland Council was interested in taking over management.

The council's head of active recreation, Rob McGee, said they had not been approached by the landowners but would be "open to a discussion" about it.

Waiwera Thermal Resort Limited has owned the lease to use the resort since 2010.

Its majority shareholder is Russian billionaire Mikhail Khimich, while minority shares are owned by California-based diamond tycoon Leon Fingerhut.

It's understood Mr Fingerhut was involved in the day-to-day management of the resort, while Moscow-based Mr Khimich had little to do with operations.

Mr Vertue said the previous tenants still had three months to apply to the court to get the lease back, however, they had not given indication this would occur.

The company was also considering how they could go about reclaiming the money they were owed by the former operators.

"There are many other creditors out there who are also owed money."

He had heard these contractors, including people who started carrying out renovations at the pools, were owed about $200,000.