Price AU $1,000 1/9 share

Price
AU $1,000 1/9 share
Details
I am seeking expressions of interest for shares in a new syndicate. The yacht would be a ~34 foot monohull from the past 10 years kept on a mooring in Lavender Bay.

I expect the up-front cost to be around $17,500 per share, and the monthly cost to be around $150 per share. Individuals are welcome to purchase multiple shares.

The syndicate would run for 3 years after which the boat will be sold and the capital returned to shareholders. I am planning to have the yacht in place and the syndicate started by the end of the year (in time for the NYE fireworks).

Please email me if interested and I will keep you updated with further details as they become available.
Region
New South Wales
Location
Sydney NSW
Year
2010 approximate
Length
34' - 10.36m
Hull Material
Fibreglass/GRP

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