26 November 2019

Buying A Deep Waterfront Property In Sylvania Waters

Sylvania Waters is Australia’s premier privately owned deep waterfront estate.

With over 350 deepwater properties to choose from, Sylvania Waters offers an unparalleled lifestyle and is one of the very few suburbs where your garage and boat are on the same level. When you buy a waterfront property in Sylvania Waters, you are buying a house, land and marina package all bundled into one.

Every waterfront property occupies land that is completely flat and all waterfront residents are able to moor at their backdoor without paying annual mooring or permissive occupancy fees. Sylvania Waterways Ltd consists of a consortium of waterfront owners who each have an individual share in the ownership of the seabed. A one-off joining fee means all the administration and general maintenance on the waterfront jetties is taken care of, for the duration for your ownership.

Sylvania Waterways Ltd requires a $5,000 one-off life payment which secures your share in the company. As long as you are in compliance with Sylvania Waters Ltd, you will only be required to pay an additional $4,000 license fee for your mooring facility, bringing the total to $9,000.00. This fee is not transferable between property owners. When you sell y our property you will then forfeit your share and the purchasing party will have to make a $5,000 one-off life payment to secure their share, and this of course, must be paid before using the waterfront mooring facilities.

You can find out more information on the website of Sylvania Waterways Ltd which explains in greater detail the services provided and function of the company. You can download all application forms regarding shares and deep water mooring facilities, as well as guidelines applicable to the private waterways.

For more information please visit www.sylvaniawaters.com