5 waypoints to paradise
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Plan your course
Europe to Australia SEAbbatical
- SEAbbatical Type:Multi-Passage
- Name:Europe to Australia
- Distance:28,000 kms / 15,000 Nautical Miles
- Timeframe:2+ Years
- Experience Level:Intermediate
2WAYPOINT
Purchase for purpose
Europe to Australia SEAbbatical
- Details:The Outremer 45 is purpose built to cross oceans efficiently, reducing your time at sea and maximising your time at your destinations. Designed with powerful hulls the Outremer can be driven downwind confidently, plus with daggerboards, she sails to windward when others need to use fuel to motor. The Outremer 45 is ideal for a couple or family planning to go cruising offshore.
3WAYPOINT
Profit from your boat
Europe to Australia SEAbbatical
- Charter Model:Whitsundays Only
- Exc GST
- Purchase Price:$1,040,848
- Percentage to Finance:70%
- Deposit Required:$312,254
- Gross Revenue:$229,090
- Estimated Holding Costs (p.a.) eg Insurance, Marina Fees etc:$124,114
- Estimated Actual Use Costs (p.a.) eg Repairs & Maintainence etc:$18,319
- Net Return (p.a.) - after all operating costs but before Interest & Depreciation:$86,657
- Estimated Return % on GST excl price:8%
- Less Yearly Finance Repayments:$126,775
- Annual Surplus or (shortfall):($40,118.29)
4WAYPOINT
Prepare for the journey
In preparation for your cruise, its recommended to get some essential skills under your belt.
We have helped package a purpose designed multihull seamanship course to give you the some important techniques and skills from basic inshore manoeuvring to advanced offshore cruising. This 5 module course all occurs onboard a cruising catamaran and there are two courses being run this year, one in Queensland and one in New South Wales. For details on pricing and dates, please contact Chrsitine on or phone 02-9810 5014
Multihull Seamanship Course – Prepare the family, the boat and your skills
5WAYPOINT
Prosper and sell
- Scenario where boat sold at end of year 5:
- Hobby Enterprise Model :Charter Boat
Small Business Taxpayer - Sale Proceeds 73% of original purchase price:$764,865.07
- Written Down Value:$804,283.27
- Depreciation Clawback:($39,418.20)
- Tax Rate used:0.40
- Tax Payable (or nil if in credit):($15,767.28)
- Carried Forward After Tax (Cost) or Surplus:($200,591.43)
- Carried Forward Running Costs over term:-
- Carried Forward (Costs) or Surplus Total:($200,591.43)
- Summary:
- Plus Carried Forward Costs (Surplus) Total:200,591.43
- Plus Balloon payment:$291,437.44
- Plus Initial Deposit (if applicable):$312,254.40
- Less Sale Proceeds:$764,865.07
- Total after Tax cost (surplus) of boat over term:$39,418.20
