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Lucky Owner Gets a Vintage Yacht in Excellent Condition for $2.5 Million

The 1986 Dreamtime was built in Australia and it boasts naval architecture by the famous Jack Hargrave 22 photos
Photo: Flagship International Yacht Brokers
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Even those who can afford to spend a couple of millions on a big yacht will often prefer older, pre-loved boats with a proven track record and classic lines instead of a shiny new toy with an eye-catching silhouette and promising potential. In this case, someone chose what would be considered a vintage yacht with almost 40 years behind it. It might sound risky, but a well-kept vintage yacht can be just as good, if not better, than a much younger rival.
The old Dreamtime is about to embark on its next adventure right in time for the summer season in Australia. It recently changed hands and the new owner, who has referred to Dreamtime as his first bigger luxury yacht, is excited about upcoming family vacations onboard, as well as the yacht's charter prospects. After making its debut in Sydney, Dreamtime will kick off the next season up north with several charter expeditions.

Moderate in size, this 115-footer (35 meters) could be considered more versatile than larger superyachts. It's equally suited for long-range passages and high-volume charters (double classification), which is most likely one of the main things that tipped the scale in favor of this yacht. At an economical speed of no more than 10 knots (18.5 kph), Dreamtime promises a remarkable range of up to 4,000 nautical miles (7,400 km).

The yacht's well-balanced proportions also translate to a spacious and elegant configuration that's perfect for group charters. While it can't accommodate more than eight guests overnight, it can easily welcome up to 49 guests for daytime corporate events and social gatherings. Onboard amenities include a spacious jacuzzi, a luminous main salon with plush seating, and beautiful outdoor spaces for al-fresco dining.

Dreamtime was launched 38 years ago in Brisbane. It's one of the many Lloyds 115 yachts that continue to be popular to this day. Dreamtime is also an unusual yacht in the sense that it was built in Australia but designed inside and out by two prestigious US-based studios. The original Dreamtime boasted exterior design and naval architecture by the legendary Jack Hargrave and interiors by Glade Johnson Design.

Like most yachts its size, Dreamtime couldn't have stayed unchanged for so many decades. It was most recently refitted in 2015 and 2023. The 2015 upgrades included brand-new generators and two new 1950hp Caterpillar C32 Diesel shaft drives. In 2023, Dreamtime received new decking, while the hull was sandblasted and repainted. Today, the vintage yacht's interior reveals a fresh maritime theme with calming shades of blue and beige inspired by the seashore.

Considering that the Aussie yacht was freshly refitted and ready for charters, the final asking price of €2,4 million ($2.6 million) wasn't too high for a 38-year-old pleasure craft. In his own words, the new owner and his family are eager to create new memories "for years to come" onboard this Aussie vessel with an American soul.
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About the author: Otilia Drăgan
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Otilia believes that if it’s eco, green, or groundbreaking, people should know about it (especially if it's got wheels or wings). Working in online media for over five years, she's gained a deeper perspective on how people everywhere can inspire each other.
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