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Cottage By The Sea

New Land Acquisition Draft Project Plan

In essence, subsequent to the end of 2006 financial year we took the initiative of acquiring the property, formerly Riptide Motel, adjoining Cottage by the Sea and have since sold part of the land, with the remainder secured for the benefit of children of families in need attending Cottage by the Sea for generations to come. (Aerial view below)

The Cottage beachfront subdivision land was auctioned on Sunday 4 March 2007 and sold for $2,025 million. We are extremely pleased and excited that this visionary action by the Board will mean that the Cottage will be able to run more camps, with more facilities and resources for more children, initially up to an additional 200 needy children each year, with the potential to take more with further long term planning and development.

We purchased the land for $3.4m and 'as mentioned' sold the beachfront section for $2.025m. By utilizing our previous 'fundraising savings' - once settled this will leave us with a very 'manageable debt for a relatively short period of time.

We are all very excited about what we can do with the existing building (old Riptide Motel home) and are busy planning further upgrades and potential program usage initiatives as we speak.

Sustainability

Acquisition of the Riptide property will allow us to extend our current camp program to cater for a wider range of children and maybe even families eventually.

Any new programs will be aligned with our current aims of providing beachside holiday experiences for children and families in need.

As part of Cottage by the Sea, Riptide Cottage will rely heavily on charity donations and already we have received some wonderful charity donations towards its redevelopment for things including a new playground, extra showing and toilet facilities, a Juke Box and large plasma television.

For more information about how further charity donations can assist contact the General Manager.
 
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Australian Charities .... helping children and families in need.

Cottage by the Sea is a non-profit charity fundraising organisation helping children of families in need.
Please condsider making us one of your preferred Australian charities.


The Australian Tax Office endorses CBTS for charity tax concessions, including donations, which are tax deductible. Cottage by the Sea is entered in the public register maintained by the Australian Business Registrar at www.abr.business.gov.au.
Our ABN is 21 987 748 593