Chaffers Marina does not charge a commission; we recommend you contact the Chaffers Marina Office to arrange a viewing of berths for sale and to discuss with the Marina Management Team your requirements for a berth.
We will show you the berths that are available and are authorised, on behalf of the shareholder, to discuss terms and conditions. Once an offer to purchase shares has been accepted by the vendor then the Marina Management Team will arrange for the necessary documentation which includes Sale and Purchase agreement, Share Purchase and Share Transfer notification, approval by the CML Board and credit check for the purchaser.
As part of the Sale and Purchase agreement, a Share Transfer Fee of $375 + GST and a Share Re-Grant Fee of 2% of the purchase price are added to the purchase price. The Vendor and Purchaser will notify the Marina Management Team as to how this will be paid (i.e. by either party or split between the Vendor and purchaser).
The Vendor continues to be liable for the marina fee’s on the berth to Settlement Date, which is to be entered into the sale and purchase agreement.
As a new shareholder you become liable for the marina fees upon the Settlement Date; these fees are based upon the size of the berth (i.e. the shareholding) and include a Annual Marina Licence Fee and Annual Asset Maintenance Fee (invoiced and paid monthly. A full list of these fees are available on the Chaffers Marina website.