Luxury Boating – minus the maintenance and high price tag
Spending leisure time on a luxury sports yacht is only a dream for many, but with the emergence of Boating Syndication Australia, the dream of ownership has actually become a reality – for boat lovers, hobby fishermen and those that simply seek some luxury on the water.
Boating Syndication Australia is the brainchild of Andy Young, who launched BSA in 2010. Since then, he has put 9 luxury motor vessels in the water ranging from a 40ft Riviera M400 [Sports Yacht]worth $300 000, to a $2 million Princess 67 Flybridge, giving a number of equal-owner skippers the joy of owning their own luxury motor sports yacht without the hassle of maintenance or the high [capital outlay]price tag.
At the upcoming Sanctuary Cove Boat Show on May 24th – 27th, BSA will be introducing a $1.45 million 8 berth [deleted]Belize 52. Moored at Marina Mirage, this presents an ideal opportunity for keen skippers to realise their dream of owning a luxury sports yacht - at just a portion of the cost of sole ownership.
“Our latest vessel, the brand new Belize 52, will have 10 owners,” says BSA founder Young. We have already presold 4 shares before the boat has even been launched. “The owners each receive 33 days of guaranteed usage of the yacht per year plus standby days. The investment is only $145 000 and the low monthly management fee will keep the boat fully maintained, cleaned and ready to use. All they have to do is choose their preferred days via our website and enjoy their luxury yacht with friends and family.”
According to Young, berthing costs, ongoing maintenance and insurance, plus the initial purchase cost of a fully owned vessel add up to a substantial investment. Owning an equal share of a brand new luxury yacht is an affordable and carefree alternative.
“Each motor yacht is bought evenly between the parties and a three-year agreement is signed, which also sets out the sale of the vessel after that time. When sold, even shares are paid out to each co-owner. This makes it not only a financially viable lifestyle investment, but gives each skipper the peace of mind for an exit strategy or to upgrade to a new or larger yacht,” says Andy.
“Each sports yacht in the BSA fleet is more like a luxury holiday home on water. Complete with towels and linen, all the mod-cons such as Xbox and Foxtel plus dinghy and water toys, and of course the latest in high-tech navigation and safety equipment. The new Belize 52 also features sky-hook technology, which when logged via satellite GPS keeps the vessel on its coordinates, making it a breeze to navigate berthing without the risk of drifting off course.”
“Full skipper training and 24-hour personal support are part and parcel of the shared sports yacht purchase offered by BSA, with the management team ensuring full maintenance and cleaning after each use,” says Young.
“Owners simply berth the vessel after each trip and everything else is taken care of for them,” he says. “It’s the perfect boating lifestyle, without all the usual headaches that come with owning a boat.”
Boating Syndication Australia has yachts in Pittwater, Bobbin Head, The Spit Mosman in Sydney and at Marina Mirage on the Gold Coast with more locations on the cards.
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