Land owners Waiwera Properties Ltd (WPL) has cancelled the lease and changed the locks on the doors of the Waiwera Thermal Resort.
The company says it took the action following a history of defaults on rental payments.
WPL project director Evan Vertue says it’s a pity that it has come to this.
“We have reluctantly re-entered the premises due to continual tenant default and consider this option a last resort,” he says.
“We don’t welcome making this move, but we have no other option.”
The resort’s off-shore owners closed the business for refurbishment earlier this year, with a view to reopen the business in time for the summer trade.
WPL says there has been no activity on the premises since early September and the resort has been closed to the public since February this year.
“Waiwera Thermal Resort has been enjoyed by many families over the years, it is a popular destination for locals and visitors to our country,” says Mr Vertue.
“We would far rather see it thriving and enjoyed by all.”
Efforts made to contact the tenant were unsuccessful.