Retail units all sold
Albany-based Jadco Investments Ltd (John Hamilton) will start work in April on a $20 million luxury hotel/apartment complex to replace the Tutukaka Hotel, destroyed by fire 2 years ago.
The old hotel on Northland’s east coast, a short distance up from Whangarei and affectionately known as “Toots,” was a popular drinking & party spot for fishermen, divers, weekenders & the yachties who took refuge at Tutukaka’s sheltered marina. It was razed on Anniversary Day 2000.
The 3-storey replacement — Ocean’s Gateway Resort — will include a luxury hotel, retail units, 35 managed apartments, a licensed restaurant & bar, a swimming pool & various other facilities. The complex will be an all-concrete structure covering about 9000mÂ².
Resource consent granted
Jadco has resource consent for the project and work should start in April/May.
“Ocean’s Gateway will be great for business people,” Mr Hamilton said. “They can come up to Whangarei, conduct their business in the city, then stay at Tutukaka. There’s a permanent holiday atmosphere there, so they can really wind down & relax.”
The retail area of the new complex is likely to include a cafÃ© & bakery, a booking office for local tours that will also sell crafts & gifts, and a furniture & giftware store with a nautical theme. A superette & service station are also proposed.
The hotel will be designed to accommodate overseas tourists plus conferences. A hotel operator has not yet been appointed.
A seafood style restaurant will adjoin a conference area, both of which will overlook the marina and open up to create 1 large area.
The apartments, priced from $330,000-$800,000, will overlook either the marina or native bush and be fitted out to 4 star-plus quality. Owners wanting to lease out their apartment will have the option of using the hotel as a booking agent.
The apartments and retail units were launched for sale at Labour Weekend last year. All the retail units were sold within 3 weeks and several of the more expensive apartments have been sold.
“We expected the retail space would be the slowest to sell but it is already sold out — we were overwhelmed with inquiries from the first day we started marketing,” Mr Hamilton said.
He said the hotel would stimulate business activity in Tutukaka and provide the village with some infrastructure, including a full sewerage scheme. Jadco is working with the Whangarei District Council on the scheme. The design should be finalised soon.
The resort is aimed at being sustainable. Mr Hamilton said the mix of hotel guests, apartment owners, local residents plus boating & baching holidaymakers should provide a solid customer base that would support the retail services, bar & cafÃ©s.
Jadco Investments has developed several Auckland and Rodney complexes, including the service station & 10-shop retail centre on Orewa’s Grand Drive, where Auckland’s Northern Motorway currently ends.