FAQ

  • How does syndication work?

    Yacht Syndication Australia offers a subsidised, hassle-free ownership experience for those who want to enjoy yachting without the stress of full ownership. Each vessel is placed into commercial survey, allowing it to generate income that helps offset operations and maintenance costs.

  • Who owns the vessel?

    Each yacht is placed into its own company with a set number of shares. As a shareholder, you own your share outright

  • How long do I own the share?

    Every three years, shareholders collectively decide whether to sell, upgrade, or continue with the vessel

  • Can I sell my share?

    Yes, you may sell your share at any time, subject to a 5% agent fee.

  • What happens if the boat’s income doesn’t cover the costs?

    Any shortfall is divided equally among the shareholders.

  • Can I sell my days?

    No. All bookings must be made through our booking system to ensure fairness among shareholders and to maintain the vessel’s ability to generate income. This safeguards all owners.

  • Can I claim my days on tax?

    Yes. You are purchasing a share in a charter boat company, not a private luxury vessel. As such, you may be eligible for business-related tax benefits.

  • Who pays if a member/hirer damages the boat?

    The member or hirer is responsible for any damage caused during their hire period.

  • Who pays if a shareholder damages the boat?

    The shareholder is responsible for any damage they personally cause.

  • Who pays if the boat breaks down?

    Each vessel is insured. Any excess costs are covered by shareholders and vessel income.

  • How much time do I get on the boat?

    Shareholders receive 36 to 40 days per year, depending on the vessel. Days are allocated quarterly.

  • What happens if I run out of days for the quarter?

    You have access to unlimited standby days. If the vessel is available and not booked by another shareholder, you may use it.

  • How do I book my dates?

    Bookings are managed through the booking system or directly with our team. You can reserve days one month in advance, with the option to request future standby dates.

  • What happens if a paying customer wants to hire on a day that has already been allocated to me?

    You may choose to release your day, allowing the vessel to generate income, or retain your booking.

  • Can I book the most popular dates?

    New Year’s Eve and similar high-demand dates are reserved as premium income days. If they are not sold out, a draw will be held among interested shareholders. Alternatively, you may secure the date at a discounted purchase rate.

  • What does each trip cost me?

    Costs vary by vessel size and location. Day trips generally range from $500 to $1,500, covering fuel, crew, catering, and cleaning in Sydney Harbour or the Gold Coast.

  • Can I drive the boat myself?

    Yes. Once trained and approved by management, you may skipper the vessel yourself.

  • Can I hire a skipper?

    Yes, and we recommend it. A professional skipper can assist with guest care, vessel handling, and cleaning upon return.

  • Can you arrange catering and drinks?

    Yes. Each destination offers catering and provisioning options, which can be tailored to your needs.