Life at One Park Lane,on the water.
We're exploring the idea of a private vessel available exclusively to One Park Lane owners — moored close by and bookable as easily as any other building amenity. It's early. Nothing is confirmed. Before we take this any further, we want to hear from the people it's actually for: you.
Two vessels under consideration · $30k–$100k indicative · 4-year initial term
What if your ownership included the water?
Rather than every owner sourcing, storing and maintaining their own boat, One Park Lane would hold a small fleet on residents' behalf — moored nearby, maintained and staffed, and released to owners on a booking system built into the building's existing concierge. Fractional access to a vessel, without the fractional hassle.
The program would run in four-year cycles, timed to coincide with the major maintenance these vessels need anyway — engine overhauls, refits and survey work. Your buy-in secures a guaranteed four years of usage, with the option to extend if enough owners want to continue.
To be clear — this is a concept we're testing, not a commitment. Whether it goes ahead, and in what form, depends largely on the response we get from existing buyers below.
Owning solo means paying 365 days to use 10
A lower buy-in, a guaranteed usage window, and none of the between-trip costs of owning a vessel outright.
0–0Days
Typical Usage
What most private boat owners actually use their boat each year
0Days
Paid For Anyway
Mooring, insurance and upkeep run year-round regardless of how often it's used
0+Days
Guaranteed To You
Plus standby access whenever the vessel is free, under this program
What $30,000 actually buys you
A rough breakdown of owning a $30,000 boat outright, set against the entry tier of this program at the same buy-in.
A typical $30,000 boat
≈ $13,000 / yr
In running costs alone, for about 10 days on the water
Through One Park Lane
Similar overall cost
Membership fee still being scoped — targeting a comparable annual outlay
Same buy-in. A similar annual outlay either way. The difference is a twelve-metre cruiser with a cabin, air conditioning and a barbecue — instead of a trailer in a storage yard for ten days of use.
Which one would suit you?
We're currently weighing up two options. Both are shown here as concept line sketches — no vessel has been selected or purchased.
Both vessels would be blocked out over major public holidays and events, so access stays fair across every owner rather than first-come, first-served for the calendar's best dates.
The Cruiser
Sunset runs on the Broadwater and easy weekends offshore.
Length
35 – 40 ft
Indicative Buy-in
≈ $30,000
Usage Term
4 Years
A nimble day-and-weekender for owners who want the water to be spontaneous — a sunset cruise, a morning out to the Seaway, lunch anchored off the sandbar. Simple to book, simple to enjoy.
- 10+ guaranteed days a year, plus standby access
- Ideal for day trips & short overnighters
- Comfortably seats 8 – 10 guests
- Self-drive or skippered on request
- Priority booking through the concierge
The Flagship
A grander vessel for entertaining, extended trips and the odd grand occasion.
Length
50 – 65 ft
Indicative Buy-in
≈ $100,000
Usage Term
4 Years
The larger of the two tiers under consideration — a proper motor yacht with the scale to host, sleep aboard, and venture further afield. Positioned for owners who see the vessel as an extension of their residence, not just an outing.
- 10+ guaranteed days a year, plus standby access
- Multi-day voyages & overnight accommodation
- Comfortably hosts 12+ guests entertaining
- Self-drive or skippered on request
- Extended-range itineraries for longer getaways
How the buy-in would work
As proposed, the vessel buy-in is simply folded into your existing purchase — no separate settlement, no separate finance arrangement.
Select at Contract
Indicate your preferred tier when you sign, or add it any time prior to settlement.
Added to Purchase Price
The buy-in is simply added to your apartment's contract price — one transaction, no separate financing.
Access at Settlement
Your booking rights activate the moment your residence settles, for a guaranteed 4-year usage term.
Term & Renewal
The program runs for an initial 4 years — timed to line up with the vessels' major service and survey cycles. Continuing beyond that is put to an owner vote.
Early access, years before settlement
A separate idea we're testing alongside the main program, for buyers who are already committed.
If you're already on a signed contract — or have registered an EOI — you may not need to wait until settlement to step aboard. Eligible contract and EOI holders could gain access to The Cruiser as early as early 2027, years ahead of completion. That access would run right up until your settlement date, at which point it ends — if you've also taken up the standard program, your guaranteed 4-year term would then begin fresh from there.
Access From
Early 2027
Access Ends
At Settlement
Price
POA
Available to current contract holders and EOI registrants only. Like the rest of this page, it's a concept — it would only go ahead with enough demand.
On top of the buy-in, two ways to pay
The ongoing membership — covering upkeep, mooring and booking access — would sit separately from the one-off buy-in, running alongside your 4-year usage term. A skipper can be arranged on request. Exact fees are still being scoped; this is the structure we're testing.
Paid Upfront
Settle your ongoing membership in full at the same time as your buy-in. One transaction, nothing further to schedule.
- Single payment, bundled with settlement
- No recurring admin
- Locks in today's rate for the 4 years
Paid Quarterly
Spread each year's membership across four smaller payments, billed every three months throughout your 4-year term.
- Smaller, predictable instalments
- Cancel or pause between quarters
- Reviewed annually alongside the fleet
Tell us what you think
Two minutes, no commitment. Your answers directly shape whether this goes ahead — and which vessel we pursue if it does.
This page presents an early-stage concept only. Vessel selection, specifications, pricing and membership terms shown above are indicative, unconfirmed and subject to change based on owner feedback, feasibility, and any required strata or legal approvals. Nothing here forms part of, or varies, your contract of sale. For questions, contact sales@1parklane.au.
Frequently Asked
The honest answers to what we know so far — and what's still being worked out.