"Misty Dawn" - (under negotiation for purchase)
Misty Dawn is a large 20m x 8.5m, diesel powered houseboat. Part of an existing hire fleet it contains 6 sleeping cabins, two shower & toilet cabins and the normal lounge, dining, kitchen & control station up forward. The boat has just completed its out of water survey (May 2012) and found to be in excellent condition. The fleet managers advise that "Misty Dawn" is one of their most reliable hire boats.
Members who wish to have exclusive use of the boat will need to hold or rent 12 licences from the college for each night of use. The current berth rental rate is $25 per night. Members using the boat will be required to pay all operating and services costs for their use of the boat. These will be detailed later. Access to the boat will be available at 5:00pm for the first night and must be returned to the college no later than 12:00noon on the last day. Only members approved by the college are permitted to skipper the boat.
E.G. For a loan-licence investment of $8,400 members can have use of "Misty Dawn" for 1 week each year, paying only the recurrent, service and fuel costs - - - AND sell their interest through the college alumni to recover their capital when no longer wanted.