The scenic Rushcutter’s Bay, just around the corner from our boat share facility at Point Piper, contains in it some of the most storied yachting history in all of the Australia, if not the world. Named for the rushes that formerly inhabited the shallows near the end of the bay, Rushcutter’s Bay now hosts the Cruising Yacht Club of Australia, where the origins of the Sydney to Hobart Yacht Race lie.

This yacht club dates back to 1944, when a group of keen sailors came together to create a club with an emphasis on the slower pace of the cruising life. The club itself, situated on the eastern shoreline of Rushcutter’s Bay, was far from the chic surrounds that host corporate events today. It was a humble boatshed; but despite the surroundings, it became a key player in yachting history.

A visit by a visiting British captain John Illingworth, a year after the inception of the club, changed the fate, and the motif, of the club. He suggested that a planned sail to Hobart be changed to a race, a notion that was warmly accepted by the rest of the sailors in the club. Among the nine starters, eight of them finished, lead by Illingworth himself in his yacht ‘Rani’.

His winning time, six days and fourteen hours, has steadily fallen over the course of the past 70 years, with the fastest time now being held by Bob Oatley’s maxi yacht, Wild Oats, at one day and eighteen hours. The race has also been marred by tragedy: during the disastrous 1998 race, six sailors were lost and over fifty had to be rescued from Bass Strait amidst a severe storm. The CYC now sets a global standard for safety in yacht racing, bred from this wealth of experience.

All of this history can be traced back to the once-humble boatshed, one that can be part of your boat share experience, on Rushcutter’s Bay. For more information on accessing this premier boat share experience, contact Luxury Boat Syndicates or browse our lineup of yachts, today.


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Excellent boat share model.

I have several friends who have purchased a share in a  boat through Luxury Boat Syndicates and they are all very happy.

Frank Gray

Great service, and expeditiously fixing all problems that inevitably arise on boats, that leave all other boatshare companies in its wake.

Robert Benz

Ian and the team have done a wonderful job accommodating myself, friends, family and work associates. I would highly recommend his product and service to anyone thinking about buying a boat - you'll no doubt have experiences you will fondly remember for your whole life.

Michael Zahn

Ian provides an amazing walk on walk off service which is ideal for young families and experience boaters alike. This is the only way to own a boat on Sydney Harbour. All the service without any of the hassle. A truly professionally run service orientated business, where the customer comes first, and nothing is ever too much trouble.

Darren Patterson

LBS provides us a fantastic service for business meetings, and corporate days. Our clients, prospects (& management team) love the walk on, walk off service - no dramas, so we can get on with our business & the incredible catering service always down well. The LBS service is friendly, relaxed, and above all professional. For our company it helps us win deals. Thanks guys, keep up the great work.

Consultrix Australia

Recently signed with LBS with little boat experience, Ian has patiently provided the tuition required to operate, navigate and handle a big boat. ( all part of the LBS service )

Had our maiden voyage over Easter and the whole experience was just fantastic.

If your looking to get into a boat without much experience or without the headaches of full ownership these people are for you.

Joe Bennett

Ian and his amazing team have literally changed our lives.

We are so thankful that a service like this exists and Ian made it happen.

Stephan Kljajic

I am very happy with the service, amazing.

Chris Newport

Ian and the team provide a fantastic service. From the moment we met Ian we knew this option was right for us. We are in love with our boat and look forward to many more days on the harbour.

Daniel Ashley

Why pay for a luxury boat everyday if you don't use it every day?

From a financial perspective, using Luxury Boat Syndicates is a no brainer, compared to owning your own boat. Your can get access to a much bigger boat than you can afford to buy and for a fraction of the cost

Chris Gray

Ian and the LBS team have excelled in every respect, making our boating experience absolutely top drawer. The management and commercial model works very well, service is always with a smile, and we are a couple of very happy campers. Try it, you'll like it!

James Gately


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