Merle Wood signs superyacht Islander for sale and drops her price

21 December 2009• Written by Malcolm MacLean
Islander

The latest news from Merle Wood and Peter Croke at Merle Wood & Associates is that they've taken over the central agency for sale of the 58.5m motor yacht Islander and overseen a hefty price reduction of nearly $5 million.

Originally built as an ABS classed motorsailer by Australian Yacht Builders in 1991, she's currently in Palatka, Florida, completing a $2 million refit that sees her masts and keel removed to convert her to a motor yacht. Her interior is also being refurbished and electronics upgraded, along with a repaint of the exterior.

Sleeping up to 13 guests in a master, three doubles and a twin plus three Pullman berths, Islander was asking $24.95 million but is now on offer at $19.995 million.