Please select your home edition
Edition
Marine Resource 2016

Ten million dollars? Not quite, but getting very close

by Bob Wonders on 25 May 2011
’Masteka 2’ shows her style and there’s plenty of it for her fortunate (and eventual) new owner. Image supplied .
The magnificent motor yacht (superyacht in reality!), ‘Masteka 2’ went to auction here on the Queensland Gold Coast last week, after being ‘deluged’ with admirers when it was displayed at the Sanctuary Cove International Boat Show.

Marine Auctions, the local company rapidly winning fame as the leading auction firm on the eastern seaboard, was hopeful of attracting bids in the region of $10 million for the stunning vessel.

Adrian Seiffert, CEO of Marine Auctions, said he believed ‘Masteka 2’ was the largest superyacht ever to go under hammer in Australia.

The company has about 50 craft of all shapes and sizes ready for bids at the Runaway Bay Marina and a sizeable gathering turned out to watch the action; there were certainly genuine bidders on hand, but doubtless there were many there curious as to what ‘Masteka 2 would fetch.

‘Masteka 2’ is a Monte Fino-built, 37.0-metre motoryacht with a 3000 nautical mile range on her dual 1675hp Caterpillar diesel engines.

Describing her interior and accommodations as luxurious does not do her justice.

The master suite not only includes a fabulous en-suite (as one would expect) complete with a Jacuzzi, but its own study.


Guests do ok, too, with four VIP suites all en-suited and finished and fitted out just as superbly as the remainder of the ship.

Not surprisingly, Adrian Seifert opened the auction with the superyacht and bidding began at $6 million.

It moved very quickly to $7 million and with the experienced Adrian on the microphone soon jumped to $8 million and then, a little more slowly, to $9 million.

Despite what might be termed ‘pleading’ from the auctioneer he was unable to extract another $100,000.

The vessel was passed in $9 million; mid week I was able to catch up with Adrian and contracts had been prepared for a possible sale of Masteka 2’ at $10.5 million.

''I should be able to confirm any day now,' he said.

For those able to afford a $10.5 million boat, ‘Masteka 2’ definitely rates as ' a bargain.'; it cost $20 million to build two-years ago and has been maintained in showroom condition.

For most of us, ownership of such a vessel could be termed very distant indeed.

The remainder of the auction proceeded in its usual efficient manner and although final sales had not been confirmed by mid week, Marine Auctions believed 55 to 60 percent of the craft offered would be going to new owners.

Many bidders tend to wait until the auction draws to a close before outlining their interest in a particular vessel.

Some sales are done ‘on the quiet’, people preferring to remain anonymous for various reasons.

Five boats were sold post-auction in this manner.

The craft up for bids ranged from personal watercraft through to the dominant ‘Masteka 2’ and included power and sail.

A quantity of chandlery items, some brand new, were also offered for sale, ranging from bilge pumps to life jackets, anchors to stainless steel Jerry cans and 3.8-metre inflatables (without engines).

For further information contact Marine Auctions, telephone (07) 3268-3614 or visit the Marine Auctions website



Wildwind 2016 660x82Zhik Yachting 660x82Barz Optics - San Juan Worlds Best Eyewear

Related Articles

New Xperformance - Optimising the cruiser/racer range from X-Yachts
X-Yachts have built a wide range of 'Cruiser/Racers' as well as dedicated racing yachts which have won many Intl titles Since the company was founded back in 1979, X-Yachts have built a wide range of 'Cruiser/Racers' as well as dedicated racing yachts which have won many famous International titles, and of course One Design Class yachts such as X-79 and X-99
Posted on 14 Feb
World Sailing unites Kiteboarding governing bodies
World Sailing has today signed a landmark agreement with the IKA and the GKA to unite the kiteboarding community World Sailing has today signed a landmark agreement with the International Kiteboarding Association (IKA) and the Global Kitesports Association (GKA) to unite the kiteboarding community and provide clarity of kiteboarding's governance structure.
Posted on 13 Feb
On board interview with Lisa Blair - solo Antartica circumnavigation
So far, Lisa is tracking very well in her attempt to become the first woman to sail solo around Antartica. So far, Lisa is tracking very well in her attempt to become the first woman to sail solo around Antartica. After the setbacks of a delayed departure due to gremlins in the electronics, we are delighted to have these answers from her on board. She is well and enjoying her time. Climate Action Now, her Hick 50, left Albany in Western Australia on January 22, 2017.
Posted on 8 Feb
The price of legacy
Malcolm Page OAM, two-time Olympic Gold Medallist, became the Chief of Olympic Sailing for the USA on January 1 Malcolm Page OAM, two-time Olympic Gold Medallist (470) with Nathan Wilmot in 2008 and Mat Belcher in 2012, became the Chief of Olympic Sailing for the USA on January 1 this year. In and of itself it is hardly the freshest news, and well and truly yesterday’s fish wrapper. It was also a wise choice on behalf of Team USA, for he has succeeded in both the physical and commercial arms of our sport.
Posted on 5 Feb
Zhik becomes Official Clothing Partner to the Extreme Sailing Series
Extreme Sailing Series™ has established an exciting new partnership with the high-performance clothing brand, Zhik. As it enters the 2017 season, the Extreme Sailing Series™ has established an exciting new partnership with the high-performance clothing brand, Zhik.
Posted on 2 Feb
World Sailing headquarters to relocate to London
World Sailing's headquarters will relocate from Southampton to central London, UK in late summer 2017. World Sailing's headquarters will relocate from Southampton to central London, UK in late summer 2017. The selection of London as the new home for the International Federation comes after an extensive evaluation process of possible locations undertaken since the election of a new President and Board of Directors in November 2016.
Posted on 1 Feb
Henri Lloyd join forces with FAST40+ Class
Henri Lloyd is delighted to announce their three year partnership with the FAST40+ Class. Premium British marine and lifestyle clothing brand, Henri Lloyd is delighted to announce their three year partnership with the FAST40+ Class.
Posted on 1 Feb
Tawera takes the NZ Millennium Cup 2017
The Ron Holland designed and impeccably sailed, Tawera, again dominated a lengthier 27nm course on Day 3 of racing The Ron Holland designed and impeccably sailed, Tawera, again dominated a lengthier 27nm course on Day 3 of racing, taking line honours for a third consecutive day, bringing home the NZ Millennium Cup 2017. Coming into the final day of racing, Pacific Division competitors, Antaeus and Steinlager 2, were tied on points. Rumours of an extensive tactical defence strategy to retain the Pacific
Posted on 1 Feb
Rolex China Sea Race launches new official website
RHKYC today unveiled its new official website and logo for its flagship event, the biennial Rolex China Sea Race Royal Hong Kong Yacht Club today unveiled its new official website and logo for its flagship event, the biennial Rolex China Sea Race - Asia’s principal blue-water classic.
Posted on 28 Jan
Bavaria C57 - Something big has arrived
At the boot 2017 in Düsseldorf, Bavaria Yachts presented the new flagship of their sailing yachts' fleet. At the boot 2017 in Düsseldorf, Bavaria Yachts presented the new flagship of their sailing yachts' fleet. The Bavaria C57 does not only convince with a new modern design but also with many new innovative details.
Posted on 24 Jan