Newspaper article Coffs Coast Advocate (Coffs Harbour, Australia)

A Marina Seachange for Coast Investors

Newspaper article Coffs Coast Advocate (Coffs Harbour, Australia)

A Marina Seachange for Coast Investors

Article excerpt

THE world's financial markets may be struggling to remain afloat but Australia's continued love affair with boating is making marina berths a recession-proof investment.

Coffs Harbour investors' will have the rare chance to hear about these solid investments with Financial Consultant Glen Killen, in conjunction with Meridien Marinas, visiting the region on Monday, February 23.

Director of Strategy Financial Consulting Glen Killen said he is happy to put his money where his mouth is when talking about investing in marina berths.

"After analysing the income and capital growth potential, as well as the tax advantage, of a Meridien Horizon Shores marina berth and comparing against other property investment options, not only was I happy to invest my money in one, but I was happy to see my wife invest as well," Mr Killen said.

Meridien Marinas CEO Warwick Bible said boat registration figures prove that berths represent a new wave of opportunity in these tough economic times. …

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