Pool sale warms up

The sale of the derelict Waiwera hot pools complex may be close.

A spokesperson for owners Urban Partners says due diligence is in progress. However, she says Urban Partners is still some weeks away from making an announcement.

The property, which includes the thermal pools and the aquifer that feeds the pools, and the adjacent bottling plant, campground and hotel site, went on the market in May last year.

In total, the properties cover 45,680sqm. At the time, Urban Partners said they were looking to either sell or find a joint venture partner. The pools closed in February 2018.