How Yacht Share Works - Whitsundays

Key Points:
1: Owners per yacht is 8

2: Each owner has up to 40 days usage
3: Yacht based at Coral Sea Marina, Airlie Beach
4: Flexible usage and freedom to explore

Each yacht in the syndication program has up to 8 shares on offer (12.5%).

Owners of a 1/8th share are allocated 40 days usage during the year. Usage begins in the afternoon of the first day and ends by 10.00am on the disembarkation day unless otherwise agreed. In order to maximise the time available, we schedule mid-week turn-rounds and reservations to be made in one, or two-week, blocks where possible.

Four weeks are allocated for annual maintenance.

The Whitsunday based fleet will be managed to sail the East Coast of Australia according to the season with the main base in the Coral Sea Marina, Airlie Beach, Queensland.

Syndicate members may have the yacht delivered to another port by a professional crew, in which case transit time is counted as part of owner usage, and the cost is paid by the owner.

In order to utilise use of the Yacht for the full 12 months of the year we take it south in the Australian summer. The yacht will be delivered by a professional skipper to Lake Macquarie for the summer. An owner may arrange to take passage on the delivery, but any extra time taken will be paid by said owner.

Sailing Experience and Qualifications

Sailing is a glorious pastime. The sea, the elements, nature, freedom, excitement, and solitude are all at your fingertips. But some qualifications and experience are required in the interest of your enjoyment, and the safe use of the Bali 4.4.

An International Certificate of Competence (ICC) or its equivalent (RYA Day Skipper Certificate) is the minimum qualification for any new owner. This certificate is issued following a 4-hour theory and practical assessment by an instructor from an RYA accredited sailing school. We can facilitate this assessment for you.

We also organise a mandatory 2-day induction course for two people, with an RYA instructor from the Mainstay Sailing School in Airlie Beach on board the Bali 4.4, before you set off on your own. This course is at no cost to you and will ensure that all partners in your Bali syndicate will have similar familiarity with the systems onboard and competence in the operation of the vessel by you and your crew.

This is also an insurance requirement.

If you have an ICC Certificate (or equivalent), the 2-day induction course onboard the Bali 4.4 is all you will need before you set off on your own.

If you don’t have an ICC Certificate, we can plot your course to your boating competence together with our partners Above & Beyond Yachting, Yachtmaster and Mainstay Sailing Whitsundays.

Trusted Partners in Sailing Qualifications

Technical Service and Management in Australia

The yacht is serviced and maintained by Dream Yacht Charter, a highly experienced and reputable team. Management is by Yacht Share Mariner performing the Client Services interface between the owners and the service providers.

Four weeks are kept free for annual maintenance and transits during the year.

Last minute bookings can be made on a space available basis.

The fees for technical service and management (ranging from $1,450.00 +GST), are all inclusive and payable monthly. Rates include the following:

The inclusions are all listed below:

• Berthing of the vessel in a full-service marina
• Comprehensive Insurance for the vessel
• Cleaning of the vessel after each owner usage
• Annual slipping
• Annual antifouling and hull polishing
• Engine services – two per year
• Sail-drive/leg service – one per year
• Regular engine check-ups including belts, top-ups on oil, batteries, water, etc
• Vessel maintenance at approved facilities
Replacement of worn, lost or damaged items is at the cost of the owners
Note: repairs requested outside of the home base may attract a charge for the owner requesting the repair
• Laundry service at turnaround at the home ports only
• Underwater inspection between usages
Please note that loss, damage or repair necessitated by improper use is the responsibility of the skipper/owner.

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