Answers to the questions we hear most — aligned with the Yachtshare prospectus and syndicate agreements.
Buy a genuine share in a premium yacht, complete competency-based skipper accreditation, then book your days online and step on board. Yachtshare manages berthing, insurance, cleaning, servicing and the roster — so you enjoy walk-on, walk-off boating. See how it works, compare fractional ownership vs charter, or ask our Satisfied Sailors.
No. Yachtshare is genuine share ownership, not a timeshare. You purchase a legal 1/10th share in the vessel as a tenant in common, hold true equity in the asset, and receive a Certificate of Title for your share.
Full ownership can be expensive and time-consuming — capital, berthing, insurance, maintenance and cleaning all fall on you. With Yachtshare you outlay a portion of the capital cost, gain fair access throughout the year, and leave the logistics to our team. You step on board for the adventure; we take care of the rest.
Each Yachtshare Ten syndicate has a maximum of ten owners, each holding a 1/10th share.
The yacht is owned by the syndicate members. You purchase a legal 1/10th share as a tenant in common — genuine equity in the asset — and receive a Certificate of Title as proof of ownership. Because every member owns equity, everyone has a vested interest in keeping the yacht in excellent condition and protecting its value.
Your relationship with Yachtshare and fellow owners is governed by three core documents: the Purchase Agreement, the Service and Maintenance Agreement, and the Ownership and Usage Rules. Together they cover secure ownership, walk-on walk-off service, fair access, insurance and indemnity, and a clear exit pathway. We share the prospectus on enquiry; the full agreements follow once you are ready for a call or inspection.
The standard Usage Period is three years. By majority vote, the syndicate may extend in three-year intervals up to a maximum of nine years. At the end of the Usage Period (unless extended), the vessel is decommissioned and prepared for sale, with net proceeds distributed according to each owner’s share.
If your circumstances change during the term, your share can be listed for resale. Yachtshare can assist as agent, or you may sell independently provided the purchaser agrees to the Yachtshare agreements. If a majority continues beyond a term and you wish to exit, your share is listed for resale under the agreements.
Yachtshare operates an online reservation roster you can access from a computer or mobile. It keeps availability transparent and ensures fair, equitable access for every owner — including popular weekends and holidays. Reservations for each trimester open two months in advance.
A 1/10th share entitles you to 33 reserved days per year, plus unlimited Standby Days when the yacht is free. The year is divided into three four-month trimesters (November–February, March–June, July–October), with 11 reserved days allocated in each trimester. You can book one day at a time or consecutive blocks of up to seven days.
Standby Days are unreserved days on the roster. From 9:00 am the day before, you can book any free day via the online calendar. Standby Days are unlimited and are not deducted from your 33-day annual allocation — so you can enjoy more time on the water whenever the yacht is available.
Yes. You may cancel without penalty with at least seven days’ prior notice. If you cancel within seven days of the booking, those days are forfeited unless another owner takes them up. This keeps the roster fair for everyone.
You may board from 9:00 am on the first day of your booking and must return the yacht by 6:00 pm on the final day, unless otherwise arranged with Yachtshare. There is flexibility for a delayed return after 6:00 pm because vessels are cleaned between 6:00 am and 9:00 am the morning after use.
Weekend and public-holiday allocations are capped so every owner gets a fair share of popular times — typically up to 11 weekend/public-holiday days per year. Peak summer (late December through late January) is divided into designated three-day blocks. Easter is shared equitably (each owner is permitted one Easter usage during the Usage Period), and Christmas Day and New Year’s Eve are likewise shared so all owners get an opportunity at these premium times.
In addition to marine regulations and navigational requirements, all owners abide by the Ownership and Usage Rules. These commonsense rules keep the yacht safe, considerate and exclusively for private recreational use — for example, no commercial charter, operation only by an Accredited Skipper, and use within the geographical limits of the insurance policy.
The yacht may only be operated by an Accredited Skipper. An owner may nominate additional skippers for accreditation, but the owner remains responsible for safe operation. Each nominated skipper undertakes a minimum of two consecutive days of competency-based familiarisation training before certification.
Your yacht is for private recreational use only and cannot be rented or chartered.
Your calendar-monthly Regular Charge (paid in advance) covers scheduled servicing and management, including a premium berth, registration, comprehensive marine insurance, interior and exterior cleaning after each use, re-supply of consumables, refuelling and freshwater as required, scheduled engine servicing, detailing, antifouling, the online roster, and ongoing yacht administration. Yachtshare takes care of the logistics so you can focus on boating.
Yes — and they are kept transparent. Before your first voyage, each Accredited Skipper undertakes a minimum of two consecutive days of competency-based training. Training is buyer-paid at $750 per day per boat (up to four skippers can train together). Inexperienced owners may need additional days at their cost until competent.
Fuel and fuel additives are charged as Additional Charges. On sailing yachts, diesel is typically charged at a fixed rate per engine hour based on average fuel burn (under sail, engine hours stay low). Motor yacht fuel is monitored onboard and charged per litre at current prices so you can choose your preferred speed and efficiency.
Replacement parts, unanticipated repairs, approved upgrades, and damage not covered by insurance are invoiced at cost. Wear-and-tear items (for example a battery bank or tender) are amortised across the syndicate. The owner responsible for an insurance claim event pays any applicable excess.
Yes. From the second year, the Regular Charge increases annually by the greater of 3.5% or the applicable CPI formula in the Service and Maintenance Agreement. That keeps servicing sustainable while remaining predictable for owners.
Yes. Share owners are required to become members of RQYS so the yacht can berth at Queensland’s leading yacht club and you can enjoy the Squadron’s facilities and community. Club joining and subscription fees are separate from your Yachtshare Regular Charge.
Yachtshare maintains comprehensive marine insurance on behalf of the syndicate. The agreements include cross-owner indemnity: if another owner causes damage through negligence or a breach of the rules that is not covered by insurance, that owner is solely liable to repair or replace the damage. Any applicable insurance excess is paid by the owner responsible for the event. You are shielded from paying for another owner’s mistakes.
During the term, you may list your individual share for resale through Yachtshare’s framework (or sell independently if the buyer agrees to the agreements). At the conclusion of the Usage Period, the vessel is decommissioned and prepared for sale. Yachtshare acts as agent so you receive a net return based on market value at that time. Clear pathways for share liquidity and vessel resale are built into the programme.
For the consideration of all owners, animals are not permitted on Yachtshare vessels.
The Yachtshare fleet is based at the Royal Queensland Yacht Squadron in Manly Boat Harbour, Brisbane. RQYS offers superb facilities and a thriving sailing community, with easy access to Moreton Bay and some of the best cruising grounds on Australia’s east coast.
Many owners live interstate or overseas and take advantage of South East Queensland’s reliable boating weather. Manly Harbour is an easy transfer from Brisbane Airport, with shopping and dining nearby. Owners regularly fly from Melbourne, Adelaide, Darwin, regional Queensland and further afield to use their yacht.
From time to time, owners may propose improvements — additional sails, updated electronics and similar. A proposal goes to all owners; if agreed, the cost is shared across the syndicate. If owners disagree, Yachtshare works to find a compromise or the improvement is set aside. Yachtshare is independent and acts in the best interests of all owners.
No. Yachtshare vessels are privately owned and cannot be used for commercial or charter purposes. Only owners and Accredited Skippers operate the yacht — not strangers or inexperienced hire crews. Compare fractional ownership vs charter.
Yes. Yachtshare suits first-time sailors as well as experienced skippers. Before your first voyage you undertake a minimum of two consecutive days of competency-based familiarisation training so you know the vessel, its systems and the local waterways before being certified as an Accredited Skipper. Training is buyer-paid at $750 per day per boat. Inexperienced owners may take the trainer for additional days at their cost until competent. We are always available to help build your confidence on the water.
Absolutely. Book consecutive days and enjoy overnight anchorages in the region. Yachts are equipped with pillows and blankets — bring linen (bottom sheet, top sheet and pillowcase). Some vessels offer an optional linen service for a fee.
It is your yacht — you may take it to any safe and navigable waters within your booking window and the geographical limits of the insurance policy. Moreton Bay offers year-round cruising to destinations such as Tangalooma, Horseshoe Bay, North and South Stradbroke Islands and the Broadwater. Mooloolaba is an easy blue-water option with overnight berths available at the spit.
As southern temperatures cool, Yachtshare syndicates can relocate their own yacht to the Great Barrier Reef and Whitsundays for tropical winter cruising — own-boat Whitsundays access, not a charter. Owners may sail the yacht north together or Yachtshare can assist with professional relocation. During the excursion the roster is adapted for longer consecutive stays. Temporary relocation is by agreement of owners and Yachtshare (not exceeding one trimester per year). Read Sail the Whitsundays, or compare fractional ownership vs charter.
Yes. Beyond the boat, you join a network of like-minded owners. Crew up for Wednesday Afternoon Go Sailing (WAGS), organise buddy-boating across Moreton Bay, and enjoy social events with fellow owners in conjunction with RQYS — from dockside gatherings to season functions and seminars.
Tie up securely, connect shore power, remove personal items, food and rubbish, complete the log book, and lock the vessel. Our professional cleaning team arrives the next morning to wash down, detail and prepare the yacht for its next outing — true walk-off convenience.
There are many ways to get started with the shared boat.
You can contact us if you have questions about the fleet or the share arrangements. You can also request a prospectus for one of the existing or upcoming syndicates.
Curious about winter cruising? Read Sail the Whitsundays, or compare fractional ownership vs charter.
The next step is up to you!