Transfer Smart News: Jet Ski and Sport Boats Business Adopts a Timeshare System

Nowadays, several owners are trying to get out of their timeshare contracts while a portion of the consumers have a negative perception regarding such properties. But recently, there’s a new business that adopts a timeshare system that holidaymakers might want to check out. A new Sunshine Coast business offering Sea-Doo jet skis and sport boats on a timeshare basis is a world-first and could be the model for similar ventures all over Australia if it is successful.

Brent Taylor and Gemma Sewell have decided to pursue a lifestyle business and make the Sunshine Coast home with the launch of Jet Ski Share at the Brisbane Boat Show next month. Taylor said that they have a joint venture with North Coast Boating at Warana and they have the Sea-Doo license.

It is based on the boat share model and yachting syndications up in the Whitsundays. It also makes owning a PWC (personal water craft) more affordable because you can buy into a brand new jet ski for $6,000 instead of $20,000. Included in the price is the full training, your PWC license as well as an advanced course, which is the only one of its kind in Australia and each owner is trained in their respective port.

According to Taylor, the timeshare would be offered across six ports. This includes Noosa, Mooloolaba, Maroochydore, Caloundra, Brisbane and the Gold Coast, strategically chosen for the 7500 PWC registrations recorded each year in South-East Queensland. Each port has its own storage facility and owners can start out by choosing one of three jet skis or one sport boat to buy.

Moreover, Taylor added that such business it is right for the climate as people don’t have a lot of money but they still want to go boating and jet skiing. Their target market would be families, mining industry workers who don’t have a lot of space to store or time to maintain the vessels, defense force personnel and farming communities out west who come to the coast for a vacation.

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