Where can I use the boat

• In your local area or as you agree with the other owners

How can I use the boat

• the boat is sold in 12 equal shares
• your minimum purchase is 1 share, maximum 6 shares
• your share entitles you to 28 cruising days per year + 1 Special Day
• your normal entitlement is 7 days per season
• you can use your boat on an given day within your entitlement
• use of your boat on special days (ie Christmas, New Years Eve) is requested on the owners forum and booked by the manager
• utilise the standby system to gain additional cruising days
• you can nominate one alternative user
• extend your sailing days by sharing with other owners, if suitable
• take advantage of exchange opportunities with other boats in various locations

What does the Service Team do 

• fully maintain your boat as part of your maintenance contract
• provide consistent professional supervision
• ensure an easy ‘walk-on walk-off' service
• manage and co-ordinate the usage diary
• ensure your can escape the everyday

How much do I Invest to own my share

• your investment is from $28,000 per share **
• your estimated re-sale value is 80% of your original investment (based on current market data)

What do my monthly running costs include

• mooring charges (varies depending on the syndicate arrangement)
• maintenance levy
• comprehensive insurance
• the above including management charges are approximately 1% of the value of the boat per annum

Your Investment in this boat is 3 years

• What are my options at the end of the program
• you can extend the program for another 12 months if mutually agreed
• you can sell your share and purchase a share of a new vessel
• you can sell your share and exit the program
• you can purchase the other owners shares and own the yacht

^{** based on the current cost of a  38 ft yacht in a berth on Pittwater}