31 August 2018
Waiaua Bay Farms Ltd, owned by United States investor and philanthropist Julian Robertson Jr, has approval to buy 34 hectares of freehold land at Kauaroa Bay on Waiheke Island.
Mr Robertson plans to build a luxury lodge for 30-40 guests on the land at 341 Gordons Road.
Once constructed, the operation of the luxury lodge will require new staff. The construction of the lodge is also likely to create jobs on Waiheke Island.
Mr Robertson will provide public access to parts of the property, which has until now been off limits. The public will be able to walk to the coast and a lookout point on the property which provides a 300-degree view across Auckland, Koi Island and Rocky Bay (Whakanewha Bay).
Ecological projects, including a wetland restoration, planting, weed removal and predator control, will be carried out.
The Minister for Land Information and the Associate Minister of Finance made the decision under the Overseas Investment Act.
The construction of the lodge, public access and the ecology programme are conditions of the consent to buy the property.
For many years Mr Robertson has invested in New Zealand properties and contributed to philanthropic projects. He owns other luxury lodges in New Zealand – Kauri Cliffs in Northland, Cape Kidnappers in Hawke’s Bay, and Matakauri near Queenstown.
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