Business View

Facilities Provided by Yacht Charters

For the moment, temporary berthing facilities have been designated at Rozelle Bay, Lavender Bay, Goat Island and Garden Island. Identify the one with the least amount of wash and the best access, and you’ve probably selected the likely site for the new permanent boating facility.But wherever they park, the barefoot yacht charters coming to Sydney will bring a level of wealth never seen on the harbor before. As the boats cruise around during the Olympic Games, those on the foreshore can only wonder how it must feel to be able to pay $30 million or more for a 50-metre yacht and as much as $2.3 million a year in running costs.”For us that sounds like a phone number, but these guys have a corporate jet and several big houses. $US20 million is part of a logical budget,” says Oceanfast’s John Farrell.