Boating Syndication announces a second Belize

Innovative luxury boating company Boating Syndication Australian (BSA) will add a second Belize luxury motor yacht to its fast-expanding fleet.

The new boat will be based on Queensland’s Gold Coast.

BSA Managing Director Andy Young said the company has been overwhelmed by demand for a luxury boat on the Gold Coast and will launch the second Belize in April, based at Marina Mirage in Southport on the Gold Coast Broadwater.

“Our first Belize has been a wonderful success and now we want to bring this level of luxury to the Gold Coast market,” said Andy. “We have pre-sold half the 10-owner syndicate already, based on our first boat in Sydney.”

BSA is offering 10 shares in the new boat at a cost of $145,000 per share.

The company will also launch a second Riviera M400 sports cruiser on the Gold Coast, priced at $30,000 per share.

He said the appeal of the Belize is that it has managed to combine the soul and style of heritage marques with the advantage of advanced technologies.

Andy said he was particularly impressed by the Belize team’s flexibility.

“Wes Moxey and Lee Dillon listen carefully to owners and to their market,” he said. “That is why the first model – the 52 hardtop – has been an immediate success.

“They have the attitude of a custom builder with the conveniences and security of limited production.

“We asked for some modifications for our second boat to suit the Gold Coast lifestyle and nothing has been too much trouble. Our second Belize will feature more space in the saloon with a focus on al fresco entertaining.”

Sydney Belize owner Andrew Hardy commented on his new boat: “She is an absolute marvel and the build quality and finish of the boat is beyond reproach. I feel privileged to own part of her and hope to own one outright one day.”

Commenting on the syndication model he said: “Andy and his team pay great attention to detail and care about the boats as if they were their own.”

Andy Young said: “BSA is not tied to any brand and our focus is management, not sales.

“Too often, syndication businesses are focussed on selling shares in a particular boat. It is pre-packaged with a standard agreement, standard shares and standard service.

“BSA’s share plans are fully flexible. If people need a different arrangement or a particular boat, we can set it up and source a boat for them.”

Andy said that BSA provides owners with clear knowledge of where their fees are allocated.

“We charge specific management and cleaning fees,” he said. “All other costs such as insurance and berthing are organised at reduced negotiated rates with the savings passed directly on to the owners.”

BELIZE 52 HARDTOP

Berthing: Marina Mirage, Gold Coast

Pricing: $145,000 each of 10 shares

Term: 3 years

Ongoings: Management/cleaning fees $850 per month. Servicing costs divided evenly among 10 owners

Days: 33 days per year plus unlimited standby days

Available: May 1, 2012

Bookings: online 24/7

Exit strategy: No exit fee. Each owner received 10 percent of sale price

More information is available at the Boating Syndication Australia Web site, syndicationaustralia.com.au