Russian billionaire's plans touted at Waiwera

The prospect of developments by Russian billionaire Mikhail Khimich is being highlighted in the sale of Waiwera Motel.

The 11 units at the motel in the thermal hot springs settlement north of Auckland are owned by a family group.

Marketing agent Bayleys is highlighting plans to develop a nearby organic winery and hospitality venture in the town backed by Mr Khimich, who already owns the nearby Waiwera hot pools complex and associated Waiwera mineral water production plant.


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