Own the Ultimate Waterfront Escape
MV Coolongolook is more than a houseboat — it's a waterfront holiday home, lifestyle asset and income opportunity. Keep it on beautiful Wallis Lake, relocate it anywhere you choose, enjoy it privately, or have it professionally managed when you're not using it.
Syndicate Ownership
From $19,900
Full Ownership
$79,000
Why People Love Houseboat Ownership
More than just a boat — it's a waterfront lifestyle investment with real income potential.
Waterfront Lifestyle
Wake up on the water every holiday. Experience the freedom of a floating home on pristine Wallis Lake.
Fishing & Boating
World-class fishing, easy cruising and endless aquatic adventures right from your door.
Family Holidays
Create unforgettable memories with your family on the water — summer, school holidays and long weekends.
Flexible Ownership
Choose syndicate or full ownership. Use it privately, rent it out, or have it fully managed.
Income Potential
Generate revenue from your investment with typical 2-night bookings earning $1,050–$1,690.
Affordable Alternative
Access a waterfront holiday home at a fraction of the cost of buying beachfront property.
Stunning Location
Forster NSW boasts 300+ days of sunshine, white beaches and crystal-clear estuary waters.
Professionally Managed
Forster Houseboat Hire handles all operations, maintenance, bookings and compliance for you.
Choose Your Ownership Style
Two distinct ownership models — both on the beautiful blue waters of Wallis Lake.
Syndicate Ownership
From $19,900
Own a 20% interest in Coolongolook. Share the costs, enjoy the lifestyle and generate income from your unused Lifestyle Credits.
- 20% ownership interest
- 50 Lifestyle Credits annually
- Professionally managed by Forster Houseboat Hire
- Reduced ownership costs via shared model
- Income from released Lifestyle Credits
- Limited number of ownership interests
Ideal for
Full Ownership
$79,000
Purchase Coolongolook outright. Use it privately, run it commercially, or hand it to professionals — the choice is entirely yours.
- Purchase Coolongolook outright
- Use privately as your holiday home
- Operate commercially through Forster Houseboat Hire
- Have it professionally managed
- 100% of ownership & control
- Existing Certificate of Survey
Ideal for
Current Income
Producing Vessel
Coolongolook currently operates within a commercial hire environment through Forster Houseboat Hire — an established operator on Wallis Lake.
The vessel holds an existing Certificate of Survey, providing flexibility for commercial operation under both ownership models.
Typical 2-Night Booking
$1,050 – $1,690
Depending on season, public holidays and demand. Revenue is not guaranteed.
Proven Demand
Established customer base & booking platform
Certificate of Survey
Full commercial compliance already in place
Revenue figures are indicative only. Income is not guaranteed and depends on bookings, demand, pricing, seasonality and availability.
Three Ownership Pathways
Once you own Coolongolook outright, you decide exactly how to use it.
Private Waterfront Lifestyle
Relocate the vessel and enjoy it as your own private waterfront holiday home — on your terms, on your schedule.
- Full flexibility over personal use
- Relocate to your preferred mooring
- Low annual holding costs
- Your private waterfront escape
Start Your Own Houseboat Business
Relocate the vessel and establish your own tourism or holiday accommodation business backed by an existing Certificate of Survey.
- Existing Certificate of Survey
- Proven commercial opportunity
- Strong income potential
- Marketing & SMS templates available
Lifestyle Ownership With Income
Leave the vessel in Forster and have it professionally managed — use it yourself and generate income when you're not.
- Personal use whenever you want
- Generate income from unused time
- Existing customer base & bookings
- Full professional management
Life Aboard MV Coolongolook
Experience the beauty of houseboat ownership on one of Australia's most stunning waterways — Wallis Lake, Forster NSW.
MV Coolongolook — available for syndicate or full ownership on Wallis Lake, Forster NSW
Life on Wallis Lake
Wallis Lake is one of Australia's most beautiful coastal waterways — a vast, protected estuary of crystal-clear water, white sandy shores and abundant marine life just three hours north of Sydney.
1,000 km²
Estuary & Lake System
3 hrs
North of Sydney
300+ days
Of sunshine per year
#1
Houseboat destination NSW
Forster's vibrant waterfront village, award-winning restaurants and pristine beaches make every stay an unforgettable escape for owners and guests alike.
Download The
Ownership Guide
Discover ownership options, costs, income opportunities and vessel information in our comprehensive guide.
- Syndicate vs full ownership breakdown
- Indicative costs & income projections
- Vessel specifications & survey status
- Management options explained
- How to get started
Frequently Asked Questions
Syndicate ownership gives you a 20% interest in Coolongolook, 50 Lifestyle Credits per year (one credit = one day of use), professional management by Forster Houseboat Hire, and the ability to release unused credits into the rental pool to generate income.
Yes. Both syndicate owners (via Lifestyle Credits) and full owners can use Coolongolook for personal holidays on Wallis Lake. Full owners have unrestricted personal use.
Under the managed pathway, Forster Houseboat Hire handles all operations — bookings, maintenance, guest services and compliance. You receive income from the rental pool and use your Lifestyle Credits for personal stays.
A Lifestyle Credit equals one day of personal use on Coolongolook. Syndicate owners receive 50 per year. Any credits not used personally can be released into the managed rental pool to generate income.
Full ownership gives you the option to relocate Coolongolook to a mooring of your choice and use it privately or commercially. Syndicate ownership operates from its current base in Forster NSW.
Commercial ownership means operating Coolongolook as a hire vessel — either through Forster Houseboat Hire's established booking platform, or independently using the vessel's existing Certificate of Survey to establish your own business.
A typical 2-night booking generates $1,050–$1,690 in gross revenue depending on season, demand and pricing. Income is not guaranteed and will vary. Full projections are included in the Ownership Guide.
Yes. Full ownership is available for $79,000. This gives you 100% ownership and complete flexibility over how you use, operate or manage Coolongolook.
A Certificate of Survey is issued by AMSA (Australian Maritime Safety Authority) and confirms the vessel meets all safety and operational standards for commercial hire use. Coolongolook already holds this certificate, which saves significant time and cost for any commercial operator.
This website is for expression of interest purposes only. All pricing, ownership structures and documentation are subject to final approval and legal documentation. Seek independent professional advice before proceeding.
Ready To Explore Houseboat Ownership?
Download the free Ownership Guide or book a personal inspection of Coolongolook on Wallis Lake.