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Plan your course
South Pacific SEAbbatical
- SEAbbatical Type:Coastal
- Name:South Pacific loop
- Distance:16,000 kms / 8,600 Nautical Miles round trip
- Timeframe:12 months
- Experience Level:Advanced
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Purchase for purpose
South Pacific 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. The
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Profit from your boat
South Pacific SEAbbatical
- Charter Model:Dual Port (Sydney & Whitsundays)
- Exc GST
- Purchase Price:$1,040,848
- Percentage to Finance:70%
- Deposit Required:$312.254
- Gross Revenue:$22,090
- Estimated Holding Costs (p.a.) :$124,114
- Estimated Actual Use Costs (p.a.) :$18,319
- Net Return (p.a.) - at before Interest:$86,657
- Estimated Return % on GST excl price:8%
- Less Yearly Finance Repayments:$126,775
- Annual Surplus or (shortfall):-$40,118.29
- By placing your boat into a managed charter fleet, you not only get a financial return from other people paying to use your boat, but you also have a team of professional people to manage your boat and help train you up, enjoy cruising in beautiful locations, and gain the necessary experience onboard your own boat to help make you confident and your family comfortable to take the next step.
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Prepare for the journey
Upcoming SEAbbatical events
- Brisbane:Click here for more information
- Sydney:Click here for more information
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Prosper and sell
South Pacific SEAbbatical
- 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:$15,015.00
- 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)