Yacht Syndicate Member(s) Wanted
35-40 Footer – Three shares at $30K to $50K each – Do you want to be in it?
Location: Adelaide, South
Australia
Why share a yacht? Boat-sharing makes good economic sense and the creation of syndicates stops
boats from sitting on the
water and wasting away though under utilisation, poor
maintenance or owner- burnout.The objective of this yacht syndicate is to
purchase a suitable yacht and
cruise SA waters in a sensible, safe and enjoyable fashion. I envisage syndicating a reasonably modern deep
keel cruising yacht of 35-40ft between two, three or four separate members.The
purchase cost of this vessel will be $100K - $150K. The vessel will be of GRP construction, and 10-20 years of age. It is intended to purchase a production yacht with appealing form such that viable resale at some later stage, can be reasonably attained.The intention is to operate as a group to perform major items of
maintenance, thereby pooling resources, skills and abilities. All syndication provisions are subject to discussion at this stage.Perhaps you already have a suitable yacht and you want to share costs by forming a syndicate?
Contact: Stuart Eades 08 8233 2901
Work 08 82979769 Home 0414 661173 mobile
Email:
seades@internode.on.net
Yacht Syndicate Member(s) Wanted