Saltshare is an exciting cost effective and hassle free option to boat ownership.
SaltShare have a range of share packages from ½ share to 1/6 share
options for various boats.
Below is a table which shows the costs for each share option for a new built
Salthouse Corsair Cabriolet
(prices will vary from boat to boat please Click Here for
an accurate breakdown of costs for your desired vessel)
Shared Division |
Days Guaranteed |
Initial Costs |
Annual Maintenance & Management Fees |
1/6 |
56 |
$ 142,500 |
$11,271 |
1/4 |
84 |
$ 213,750 |
$16,907 |
1/3 |
112 |
$ 285,000 |
$22,543 |
1/2 |
168 |
$ 427,500 |
Personalised to owners requirements |
| ** All prices are GST inclusive ** Prices are indicative costs and will be confirmed before signing contract e.g. A 1/6 share will have a purchase price of $142,500 |
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i.e: a 1/6 share will have a purchase price of $142,500 incl GST this is a
one off payment to purchase your share of that vessel (you will own this
and can sell or transfer this share as you would any other asset which you
own), for this price you will be guaranteed 56 days each year of your 4 year
term your annual maintenance fee will be $11,271 incl GST each year.
Structure:
A syndicate of owners will be partners of their desired vessel.
The term for the partnership will be 4 years.
At the end of the 4 year term the vessel will be sold and the partnership dissolved.
SaltShare will be contracted to manage the vessel completely for the partnership.
A return on the investment will be paid back to all owners at the end of the 4 year term.
YouTube Video - A short video presentation, by Dean Salthouse, boat
builder of the Salthouse Corsair Cabriolet motor yacht, click to view
how the Saltshare Ownership programme works. Please click the START arrow on the You Tube player below |