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

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