Bavaria 42 Yacht Share/Syndicate Sydney
An opportunity to Share ownership of this fully equipped German built cruising yacht at an affordable price.
Yacht is a 2008 Bavaria 42 Cruiser, loaded with cruising options. Furling sails, gen set, bow thruster, 2 heads , 3 double berths, Raymarine electronics, AIS, radar, BBQ, dinghy and outboard....and much more.
Slipped, antifouled, new anodes, propspeed and hull polish carried out late June 2018.
This yacht sailed from Europe to Brisbane in 2013 and has sailed the east coast from Lizard Island to current Sydney location.
Unfortunately, I am not sailing as much any more, and so this is why I am syndicating.
I have recently looked into alternative options including existing syndicate yacht offers, all of which seem to carry high prices and high monthly fees with them for various services offered.
This syndicate is based on equal ownership at substantially lower costs, without all the extras offered by the syndicate companies, while fully understanding the need to maintain, insure and protect all parties interests with a robust independent and professionally prepared and reviewed contract agreement
Usage allowance is equally divided among owners and managed in advance to allow reliable planning.
This could be .......... a way to build confidence or "test the water" in close waters before heading off on your own passage, or with shareholder consultation and agreement, a relocatable cruising vessel to destinations further away...........or a combination of all of these things and more.
Current majority owner has sailed many cruising miles on this vessel and others, and would be happy to provide some assistance to other owners if required, or simply leave you to it if competent and confident to handle the vessel yourself.
Structure is based on a lump sum for ownership share plus monthly maintenance fee to cover preventative maintenance, insurance, repairs and surprises.
View to sell or restructure syndicate after 3yrs with proceeds evenly distributed among owners.
Currently 2 owners, 3 months into a 3yr agreement.
This is a non-profit agreement that is based on fairness and equity with the view to sharing the costs and the enjoyment of sailing this great cruising yacht.
If this is something that you may be interested in or would like more photos, please call or send message
Tony ******8455 / ******9541
- Date Listed:16/12/2017
- Last Edited:16/07/2018
- Hull Year:2008
- Listing Type:Private seller
- Length (ft):42
- Hull Type:Single Hull
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