If you have ever dreamed of owning a yacht but simply do not have the time and resources to utilise and maintain your vessel all year round, then a share in this new boat syndicate may suit you.
Unlike timeshare arrangements, you actually own a share in your boat while sharing the usage, maintenance and running costs. Boat share or syndication takes the hassle out of 100% boat ownership and has great appeal for those who are time poor but want the luxury and freedom of using their boat, knowing it is always ready to step aboard.
Fountaine Pajot Helia 44 Evolution Syndicate Opportunity
Due to continued demand, the second Helia 44 Syndicate to be based on Hamilton Island has now been released – in the upgraded Evolution version. A $5,000 AUD refundable deposit is all that is required to secure your share.
Don’t miss your chance to enjoy 4, 6 or 8 weeks cruising per year in the Whitsundays from mid 2016. Professionally managed and ready to go, this Helia 44 Evolution has everything you need to live aboard in ultimate comfort.
NEEL 45 Syndicate Opportunity
Demand is growing for the syndication of the popular NEEL 45 cruising trimaran in Queensland. Expressions of interest are being sought from prospective sailors who would like to own a share of one of the world’s best cruising trimarans.
This syndicate is to be based on Moreton Bay with touring destinations along Queensland’s Coral Coast. The all year-round sailing conditions of the region provide the ideal location for syndicated yachts and will suit the luxurious and innovative NEEL 45 trimaran perfectly.
To keep up to date with future syndicates, register for the Multihull Solutions e-News and you will be the first to know when a new syndicate is launched.
I bought a Fountaine Pajot 38 foot Athena in 2000. This vessel was under charter management through Sunsail. After its six year charter life I based it at Abell Point Marina using it privately whenever I could away from my office in Sydney (usually every six to eight weeks).
As the cost of running a private sailing catamaran in the Whitsundays gradually became prohibitive, moreso as the vessel aged and the wear and tear of it’s early charter life began to manifest, I sold her in May 2012.
Quite quickly my family and friends began to miss our regular Whitsunday sailing adventures. When we sold the Athena we said we would charter, but we never did – it seemed too expensive and restricting after having experienced the freedom to take my own boat wherever I liked, whenever I liked.
When the opportunity to invest in the first Multihull Solutions Heila syndicate presented itself, I immediately became interested. Here was the opportunity to replicate the years of private ownership without the cost, worry and hassle of mooring, maintenance, insurance etc, etc. The “buy in” price was reasonable and affordable. The model for paying on-going expenses and allocating weeks of use works.
The vessel itself has a real “wow” impact when my friends first jump on board. Its accommodations comfortable and luxurious – the owners cabin “to die for”. I find it easy to sail and manoeuvre despite its comparative larger size to my previous 38 footer.
Multihull Solutions has been excellent in managing the boat, its maintenance, turn around at end of each use, allocation of usage between owners and resolving some of the conflicts around this – the entire syndication has worked better than I envisaged.
The boat works hard given its 48 weeks owners use each year in what can sometimes be challenging conditions, but with its regular maintenance together with the little jobs each of we owners do during our time on board keeps the boat looking and functioning at her best.
The initial syndication period is for three years (option to five), and when this is over my expectation is the vessel will have a reasonable resale value that will be returned to owners.
The Multihull Solutions syndication model functions and is far superior to any other I contemplated.
Robert Peile, syndicate owner of 2014 Helia 44 "Aurora"
Almost a year into owning a share in Aurora, both the Multihull Solutions syndication model and the Helia 44 itself have far exceeded our expectations.
The Helia is just brilliant and a great boat for cruising the Whitsundays – lots of room both above and below decks, an enormous cockpit area (where we spend most of our time) and it’s just a pleasure to sail.
Multihull Solutions put together an ideal set of specifications, equipment and inventory for Aurora – perfectly suited to the location of the boat, the shared use arrangement and to the preferences of the type of owners who have joined the syndicate.
The management of the syndicate by Multihull Solutions includes arranging the annual booking roster, managing the quick weekly turnarounds (including any maintenance work required) and full technical support – and the service has been first class.
The Hamilton Island Marina is the ideal base for the boat – with the ability to fly directly in, grab your bags and be aboard the boat within just a few minutes, as well as the convenience of being able to use the resort facilities and restaurants whilst in port.
In all, a great way to get regular time aboard a well appointed boat in the Whitsundays, at a fraction of the cost of chartering without the hassles (and cost) of sole ownership.
Well done Multihull Solutions !
David & Mel Gittus, syndicate owners of 2014 Helia 44 "Aurora"