PRESTIGE 420 SYNDICATE “WHITE LIGHT”
LUXURY MOTOR YACHT SHARE
Spacious flybridge, stylish interiors, and versatile social areas – perfect for Sydney Harbour boat shares.
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The PRESTIGE 420 syndicate offers the perfect balance between luxury and practicality, allowing owners to experience the award-winning features of this 42-foot motor yacht at a fraction of the cost. As part of COBLI’s motor yacht share program, you’ll enjoy all the perks of owning a luxury yacht, with none of the usual burdens of full ownership. With six owners per vessel, the PRESTIGE 420 syndicate ensures ample time on the water for each shareholder while maintaining a seamless, walk-on, walk-off experience. Located in Sydney Harbour, this syndicate is your gateway to exploring the world’s most iconic waterways in unparalleled style and comfort.
Whether hosting a sunset gathering, enjoying a family weekend getaway, or embarking on a leisurely coastal cruise, the PRESTIGE 420 combines high performance, spacious living areas, and elegant design to create unforgettable memories. COBLI’s expert management handles all maintenance, cleaning, and operational logistics, allowing you to simply step aboard and enjoy your yacht.
Why Choose the PRESTIGE 420 Syndicate in Sydney Harbour?
Owning a share in the PRESTIGE 420 syndicate means gaining access to a premier motor yacht located in one of the most beautiful boating destinations in the world—Sydney Harbour. The PRESTIGE 420’s design and layout are perfectly suited for exploring iconic destinations with city views or exploring further to secluded coves in Pittwater. With its joystick-controlled handling, bow thrusters, and V-drive propulsion system, docking and navigating the waterways of Sydney is a breeze, even for new boaters.
Thanks to COBLI’s boat syndication Sydney model, you can experience all the luxuries of boat ownership at a fraction of the cost of outright ownership, all while benefiting from professional management and maintenance.

56 days per year

Unlimited standby bookings

Fixed mooring, maintenance and management fee

Fitted out to the highest standard

Latest model

Investing as an owner, not a club member.
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ABOUT THIS PRESTIGE 420
The PRESTIGE 420 flybridge is a groundbreaking yacht that redefines the 42-foot motor yacht category. Its intelligent design incorporates the features of a much larger flybridge yacht, offering a quality of life onboard that is unmatched in its class. Powered by twin Cummins 6.7 425 HP engines, the PRESTIGE 420 delivers a cruising speed of 22 knots and a smooth, safe ride in all conditions. Joystick controls and bow thrusters provide precise handling, making docking effortless even in tight spaces.
Inside, the PRESTIGE 420 boasts a bright and spacious interior with panoramic wrap-around windows that flood the living spaces with natural light. The full beam master stateroom features a queen-sized berth, beauty station, and ample storage, while the VIP stateroom offers privacy and comfort for your guests or family members. High-end finishes and thoughtful touches throughout the yacht create a luxurious yet practical environment for extended cruising or short getaways.
Outside, the PRESTIGE 420 shines with its L-shaped aft cockpit lounge, adjustable bow sun pads, and outdoor galley on the flybridge, offering multiple social spaces for dining, relaxing, and entertaining. The swim platform provides a wetbar and bbq, as well as easy access to water activities like snorkelling, swimming, and tender launches, making the yacht as functional as it is stylish.

BEDS
2 Double

Bath
2 Bath

PROVISIONED CAPACITY
12

SPEED
22kts
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YACHT SHARES SYDNEY OWNER REVIEWS
FREQUENTLY ASKED QUESTIONS
What is boat share?
Boat share is a cost-effective and hassle free way to go boating, affording you all of the advantages of boat ownership at a fraction of the cost of owning it outright.
Whatever you decide to use the vessel for, you’ll enjoy simply walking on and walking off as the vessel is professionally cleaned, managed, and maintained for you.
“Boat share” is commonly used to refer to two distinct business models; equity boat ownership and boat share through club membership.
What is equity boat ownership?
Equity boat ownership – also known as equity boat syndication, yacht syndication or boat share – is a clever model of boat sharing because you are investing in a vessel as an equity stakeholder.
As an equity boat share owner, you invest in a percentage share of a boat, sharing both the purchase cost of the boat as well as the running costs and berthing costs with the other boat share owners.
At the end of the boat share syndication term, the vessel is sold on your behalf, and you receive your percentage of the net proceeds back, according to the amount of equity you hold.
COBLI uses the term equity boat syndication to explain our ownership structure, where all of our boat share owners purchase a portion of the vessel through a trust, and at the end of the term, the balance of equity is returned to them.
What is the difference between equity boat share and non-equity boat share?
With equity boat share you become an owner of a percentage of the boat, whereas with non-equity boat share you merely join a club and ‘rent’ your allocated time slot on the boat.
At the end of a non-equity boat share, there are no funds returned to you.
Is boat share a good idea?
A boat share really is the clever way to live your boating dreams!
If you are time-poor with a busy lifestyle, equity boat share affords you a low-stress, walk-on walk-off experience so you can enjoy the best bits of boating without any of the hassle.
What are the advantages of an equity boat share with COBLI?
BRAND NEW BOATS – You enjoy the best of boating on the latest models, imported new for the equity boat share.
CHOICE – As you only pay a fraction of the cost of purchasing a boat outright, your options for boat ownership become much larger.
MORE TIME ON THE WATER – A walk on walk off equity boat share ownership allows you to spend 100% of your available boating time on the water, enjoying all of the best bits of boating. Plus, with COBLI we have limited owners meaning COBLI owners get more allocated time than any other boat share offering on the market.
HIGHER RESALE VALUE – Your boat is professionally cleaned after every use, maintained to the highest standards, and the 3-year boat share life cycle ensures your boat will still be a recent and highly sought after model, maximising the return of equity to you.
NO CLEANING OR MAINTENANCE – Your boat is professionally cleaned for you and the other owners between every single use, and it is also regularly maintained to the highest standards.
NO HASSLE OWNERSHIP – Owning a boat has never been so easy with our 24/7 online booking system, pre-arranged berthing so there is no need to secure a mooring and only having to pay a fraction of the upfront and ongoing running costs.
What is the ideal number of people in a boat syndication?
COBLI deliberately limits the number of shares on each of our boats to a maximum of 4-6 owners.
This ensures you can really maximise your time on the water while also keeping the entry price low.
To find out more about the specific number of owners in each of our COBLI vessels, download a prospectus.
How do i know i’m getting the best price guarantee on my COBLI vessel?
COBLI is run by the exclusive importers of some of the world’s best vessels. With no middleman markup, you can be certain you’re getting the best price guaranteed.
What boat handling skills do i need?
We provide all COBLI owners with an induction and training to ensure they have the skills to get out and enjoy their new boat.
These training exercises will equip you with the knowledge and confidence you need to safely and securely handle your vessel.
Do you offer additional boat handling training?
Yes we have sourced the very best in professional training to take you to the next level on your own boat, with the option of learning together with friends and family or in a one-to-one environment.
How many years will my COBLI boat syndication last?
All COBLI boat syndications have a 3-year term, after which COBLI sells the vessel, and you will receive the balance of your equity share.
A three-year term helps maintain the resale price on the boat, improving your equity return.
Can i get additional days on my COBLI boat?
All owners are afforded the advantage of unlimited standby bookings.
If another owner is unable to use the boat in a time slot they have already booked, the boat will then be made available to other owners on a first-come, first-served basis.
How does the booking system work for public holidays, Christmas Day and New Years Eve?
Christmas Day and Boxing Day plus New Year’s Eve and New Year’s Day are booked using a ballot system that ensures fair and equitable access to these dates for all equity boat share owners.
Can i sell my share?
Yes, you are free to sell your share at any stage. COBLI will market and transact the sale on your behalf.
Who is liable for damage or breakdown?
Although you will be responsible for any damage caused while you are using the boat, all COBLI boats include full insurance as part of your boat syndication. As you are an owner of the vessel, you benefit from the insurance in place.
Are there any additional or hidden costs?
There are no hidden costs. Your maintenance and management fee covers the cost of the marina berth, cleaning and servicing of the boat and insurance levies.
The only additional costs may include insurance excess payments following a claim (if you were using the boat at the time), fees for taking a stand-by booking, and the cost of any fuel used.
IMAGINE THE EXPERIENCE
Upgrading their Lagoon Boat Share From Lagoon 42 to 43: Stewart and Neil
After three years in a Lagoon boat share, Stewart and Neil knew exactly what they wanted in their next catamaran. Discover why they upgraded to the Lagoon 43 with COBLI for more flexibility, luxury, and time on the water.
A REAL COBLI Catamaran Share Experience: Stewart and Neil
Thinking about a catamaran share? Read Stewart and Neil’s Lagoon 42 experience of their three-year journey with COBLI—how they went from first-time owners to experienced sailors, enjoying hassle-free boating in the best locations.
Rose Bay Open Days
WHEN: 21 – 25 March
WHERE: Rose Bay Marina, NSW
WHAT: Axopar 45 ST and PRESTIGE 420 on Display
ABOUT COBLI
A fresh approach to equity boat ownership. COBLI is wholly owned by the exclusive importers of many of the most prestigious on water brands. From the latest catamarans based between Sydney and the Whitsundays islands to high-end day boats and motor yachts for entertaining and enjoyment on Sydney harbour and beyond. All vessels under COBLI are managed and maintained to the highest standards. Vessels are brought in from new and exited in good time to maximise a high resale value, which simply means more equity is returned to our owners.
HOW DOES COBLI WORK?
Discover what equity boat syndication is, key benefits of COBLI and steps to ownership.
ABOUT COBLI
Meet the founder, why we started COBLI and our ethos.