20th October 2024

A New Chapter Begins: Flagship's Marley Cutbush sells M/Y Dreamtime

Flagship is delighted to announce the successful sale of M/Y Dreamtime, the iconic Lloyds 115 superyacht, facilitated by Marley Cutbush. This marks a new chapter for this remarkable vessel as she embarks on new adventures under proud new ownership.

 

A Note from the Buyer

"Hi Marley,

I’d just like to say a very big special thank you to and the Flagship team for helping me with the purchase of Dreamtime. As you know, it is the first time I have owned a larger yacht or Charter boat and you and your team were able to step me through every part of the process from initial inspections to offer to survey and transfer of documentation which really made the process incredibly easy. It’s rare that you feel like you have a partner when buying something at this magnitude, but I felt like you and your team were working with me like they you were genuinely invested in a great outcome for everybody. 

My family is very excited about the adventures that will follow on this great vessel, creating memories for the years to come.

Thank again for all your support, you are a true professional.

Regards,

Proud new owner of Dreamtime"

Brokers Comments:

"Having now successfully sold two of these magnificent Lloyds 115 yachts, it was an absolute pleasure and privilege to act for the buyer, and seller in the sale of Dreamtime. This exceptional vessel, with her timeless elegance and modern amenities, has always stood out in the yachting community. After extensive refits and upgrades, coupled with consistent and meticulous maintenance throughout her life, Dreamtime was presented in impeccable condition. The vendor's commitment to excellence was further demonstrated by completing her five-year survey period in conjunction with the sale process. This thorough survey allowed for an in-depth pre-purchase inspection and due diligence, providing a transparent and reassuring experience for both the buyer and the seller. It truly was a great opportunity for both parties to achieve the results they were looking for.

With Dreamtime being in survey for up to 48 passengers, it meant the deal was a commercial transaction which certainly adds a lot of complexity to the transaction but we're absolutely thrilled for the new owner to take ownership and introduce her into the Sydney corporate charter market this Summer.

Navigating this complexity is not possible without an incredible team around me. A special thanks to Gavin Clark from Slipstream Marine, Matt Baily from Baily Marine Consulting, Hannah Baily from BM Yachts Australia (who is now managing the charter program) and the Dreamtime crew and of course the Flagship team for all their support and guidance throughout the sale.

This is an exciting prospect, as she is perfectly suited to provide unforgettable experiences for corporate events and social gatherings on the stunning Sydney Harbour. Following her debut in Sydney, Dreamtime is set to head north for some mothership charters next season, where she will undoubtedly continue to impress and delight her guests. We look forward to seeing Dreamtime continue her legacy under new ownership, and we wish the new owner every success in their upcoming ventures."

Marley Cutbush

This significant transaction has been featured in SuperYacht Times. Read the full story here.

Return