How you can use the
ESCAPE Program
Where can I use the boat
- In your local area or as you agree with the other owners in exotic locations in the Pacific Region
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
- your normal usage would be 7 days per escape
- you can use your boat throughout the year
- 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 $28000 per share **
- your estimated re-sale value is 80% of your original investment (based on current market data)
- your annual expenses are approximately 1% of the retail value of the boat
What do my monthly running costs include
- mooring charges (varies depending on the syndicate arrangement)
- maintenance levy
- comprehensive insurance
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 38ft yacht which is sailed up from Sydney each year for the period June - Sept