Lifestyle -
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A Bay of Plenty wedding and events venue sale offers a unique opportunity to combine location, lifestyle and income in one of the country’s most coveted districts.
The Ātaahua (beautiful) events venue is located on the edge of Tauranga at Pyes Pa has established a reputation as the district’s premier wedding and events venue. Over time a solid, steady business base has been built up in a competitive sector.
Now in its fourteenth year of operation, the original owners have decided to explore new opportunities providing a chance to procure an established, exciting and expandable business.
Marketed by Bayleys husband and wife team Phil and Robyn Mangos, Ātaahua’s sale enables its new owner to secure not only a premium focused, respected venue business, but a highly desirable lifestyle alongside it.
“The existing owners have opted to build a lifestyle and business that are very complimentary and it has provided a level of flexibility to their family life that many people are seeking these days,” says Robyn.
Sitting on 2 hectares of freehold property set back from the Pyes Pa Road, Ātaahua is a well located, easily accessed venue drawing wedding parties from the immediate Tauranga area, and beyond.
“The appeal as a venue lies as much in its flexibility as it does in its facilities and location,” says Robyn.
“This includes a 500 square meter indoor event space with an exceptional level of natural lighting and quality finish, linking nicely to the expansive outdoor garden area.”
The indoor facility is complimented by a 150sqm marquee alongside a walled courtyard.
It is a highly adaptable option for events, providing a smaller seating space with an outdoor summer-friendly feel to it.
Beyond the sheltered centers lie carefully planned and landscaped ceremonial garden and entertaining areas sheltered by established specimen trees and providing guests with the opportunity to capitalise on the region’s sunny, warm opportunities for outdoor gathering.
They include areas for croquet and lawn games, and even space for approved helicopter landings.
The marquee and indoor seating facilities compliment each other well, ensuring the center can cater to year-round event demand and help smooth out revenue flow across the calendar year. This is also reflected in the business having solid bookings right through to late May next year.
The business comes with potential to grow further, depending upon its owners’ goals, with the possibility of being able to cater to corporate functions and leveraging off the growing business base in the Tauranga district.
The venue includes a fully certified commercial kitchen, and the business enjoys a strong relationship with a local catering firm delivering cuisine tailored to the events being held.
“As it stands there are several different ownership and operational models you could apply to Ātaahua. It has established booking and management processes in place and there is also the potential to appoint venue management staff. The flexibility of the venue and the potential that provides opens up quite a range of choices.”
The business includes an architecturally designed home that nestles at the rear of the venue, enjoying a high level of privacy and offering exception on-site living. The home’s contemporary design is highly sympathetic to the grounds and the overall location, facing out over a saltwater pool towards the venue beyond.
The three bedroom plus office dwelling is well lit with natural lighting from floor to ceiling glazing and provides an exceptional indoor-outdoor connection.
Features include a well-equipped modern kitchen, private bedroom areas, two bathrooms and generous living areas.
“The more you look at Ātaahua, the greater the number of opportunities that can be seen within its footprint at Pyes Pa.
“With the commercial kitchen there is the potential there for a café business to be considered, while further opportunities exist for the likes of corporate retreats and even boutique accommodation, subject to council approval.
“It offers an exciting business and lifestyle opportunity for the right buyer,” says Robyn.
Ātaahua is to be sold through private tender closing August 4th.
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