Owning a yacht used for bareboat charters is a way of owning a unique lifestyle while having it financially work for you.
Yacht charter investment is perfect for those who want to own a boat and holiday in one of the most beautiful sailing grounds in the world, the Whitsundays.
Here's how it works. You put your boat into a charter companies fleet. You're able to sail your boat when it suits you, and when you're elsewhere, it will be looked after and maintained by the charter company while also being hired out as a bareboat, generating an income.
Putting a catamaran, monohull or motor cruiser into a charter companies fleet is not only convenient, but it significantly reduces the running costs of boat ownership.
And the best bit? When you want a tropical sailing holiday, your vessel will be available to you in tiptop condition with concierge service.
A bareboat is a charter vessel that comes without a professional crew, fully equipped for holiday hire. After an extensive briefing, guests are able to skipper the bareboat themselves.
When people hire a bareboat with Whitsunday Rent a Yacht, they enjoy the freedom of sailing the Whitsunday Islands over several days at their own pace.
Each bareboat in our fleet is privately owned by investors who make an income every time their boat is hired out to guests.
Catamarans have become the world’s most popular bareboat choice due to their space, stability and ease of operation. As a result, they offer the strongest returns.
Sailing a bareboat in the Whitsunday Islands is considered a once in a lifetime experience by many people.
The Whitsunday Islands are:
Whitsunday Rent a Yacht specialise in skipper yourself bareboat charters. We've been operating since the mid 1970’s, making us the longest-established, Australian owned yacht charter company.
We pride ourselves on being customer-focused, ensuring that our guests have an unforgettable and safe experience sailing the Whitsundays on immaculately maintained boats.
In recent years, we have also become agents to the world-renowned charter brand, Sunsail.
Whitsunday Rent a Yacht is based on our private jetty and slipway in stunning Shute Harbour, just 10 minutes from Airlie Beach. Shute Harbour is a spectacular location and the best mainland port to charter from because of its close proximity to the Islands.
When you invest in a charter boat, you invest in a lifestyle.
There are two types of models under which the agreements operate:
This is a Business Model operating in Australia under ATO Tax Ruling TR2003/2004. Under this system, the owner plays a prominent role in managing the owner's Yacht, including vessel maintenance, improvements and planning. The owner can claim expenses and depreciation before realising the taxable income. The Operator receives a Management Fee from the owner.
Guaranteed Return Model
This pre-determines the rate of return on the Yacht. Generally, under this system, expenses and depreciation cannot be deducted for tax purposes. We strongly advise you to speak to your accountant or financial advisor. If you wish, we can recommend a person that has had experience in this field.
Whitsunday Rent A Yacht is interested in managing vessels suitable for charter, provided they meet our chartering requirements, guest expectations and regulatory requirements.
We are interested in the following brands:
New management contracts are generally for 5 years
We are also happy to look at selected used yachts. The duration of the agreement would depend on the vessel's age.
We live and breathe yachting here at WRAY. There is a process in acquiring and placing a yacht into a fleet; we are here to assist.
Please contact our director, Jim Korosec, for further information:
call 0418 385 466