RIVIERA SYNDICATION'S magnificent 38 Open Flybridge was thecentre of attention at Western Australia's Club Marine Mandurah Boat Show overthe weekend.

The vessel isthe first Riviera to be syndicated in WA as part of the long-running RivieraSyndication program and attracted plenty of interest over the three days of thebiggest boat show held in the West.

Many of the10 shares available in the 38 Open Flybridge, which will be moored in the SwanRiver at Aquarama, were quickly snapped up at the show by new owners keen tocruise the Swan, spend a weekend in one of the idyllic bays of nearby RottnestIsland, explore the beautiful South-West coast or even perhaps visit theMid-West's world famous Abrolhos Islands.

The 38 OpenFlybridge offers spacious accommodation, with two cabins and an electricroll-out bed in the saloon allows comfortable sleeping for six, and ease ofhandling courtesy of bow and stern thrusters.

It is alsoimmaculately finished inside in Riviera's New Generation interior design, thefully optioned 38 Open Flybridge offering all the refinements that Riviera isrenowned for, including well appointed galley, reverse cycle air conditioning, twohot and cold showers, icemaker and entertainment unit, offering the ultimatecruising experience.

Safenavigation is enhanced by Furuno's latest 3D GPS/fish finder and FurunoAutopilot.

As the sunset on the second day of the Mandurah show, excited new shareholders gatheredwith Riviera staff to toast their involvement in a program that offers thesheer luxury of Riviera's world famous cruisers without the massive capital investmentneeded to own such a vessel individually.

Traditionally,luxury boat owners have been reluctant to share ownership, but RivieraSyndications Chief Executive Officer John Russell, who has been syndicatingboats for over a decade, said that was changing as people realised the enormousbenefits of syndicated boats.

"What owners get is a walk-on-walk-offlifestyle," he said.

"When you arrive at Aquarama to board the 38 Open Flybridge, it will be sparklingclean, stocked, fuelled and ready to go.

"When you return, you can simply step off the boat and head home, leavingour team of experts to take care of the cleaning and maintenance.

"There won't even be fingerprints on the high gloss cherry timber diningtable when the next owner steps on board."

For a one-offshare purchase of $ 79,500 and yearly maintenance fee, Riviera Syndicationsoffers luxury boat ownership without any of the pitfalls normally associatedwith the maintenance and upkeep of such a vessel.

Moorings arealmost impossible to find in the Swan River and come at a very high cost whenthey do become available, but Riviera Syndication has already acquired one atthe prestigious Aquarama Marina in the Swan River, and the annual maintenancefee for each shareholder for the 38 Open Flybridge is actually less than theyearly cost of that mooring alone.

Riviera Syndicationguarantees at least three days of on-water training for each new owner andbooking is via an online system, with shareholders allocated 33 days per year,or almost three days per month.

Theseallocations are also spread evenly over peak periods and can be booked in blocksof up to six days.

Also,shareholders can exchange allocations with Riviera Syndication clients in otherparts of the country, meaning WA owners can trade part of their allocation foruse of a boat on the east coast.

Peace of mindis ensured by Riviera Syndications' Riviera Assist program, which offers 24/7support to Syndication shareholders.

What's more, eachowner has an "equity share" in the boat itself; after three years the boat issold and shareholders receive their share of the purchase price back, furtherenhancing the value of the investment and meaning a further reduction in the'real' cost of a share.

The boomingpopularity of boating in Western Australia and the incredible length andvariety of coastline accessible is certain to see Riviera Syndication cementits place in the local market as people right across the state discover thebenefits of shared boat ownership.

RivieraSyndication offer a range of Riviera Flybridge and Sport designs in syndicatedownership in some of the most desired boating destinations in Australiaincluding The Whitsunday Islands, Gold Coast, Sydney Harbour and now Perth.

For furtherdetails, visit www.rivierasyndication.com.au or call Phil Grove in Perth on 0423 774 719 email pgrove@rivierasyndication.com.au.