The 44.2-metre motor yacht Mag III, previously known as Lady Sheila, has been sold with Josh Gulbranson and Stuart Larsen of Fraser Yachts representing the seller and Merle Wood and John Cohen of Merle Wood & Associates representing the buyer in the deal.Built by the Italian shipyard in 2009, yacht Mag III is a unique model of the Benetti Vision 45 with all-important zero-speed stabilizers at anchor and an elevator serving all decks.Photo: Jim RaycroftPhoto: Jim RaycroftFeaturing an exterior design by Stefano Righini Design and interiors from the drawing boards of Bannenberg & Rowell, she has been maintained in immaculate condition and completed her 10-year class survey at the end of 2019. Having only been used privately, she is also commercially compliant.Photo: Jim RaycroftPhoto: Jim RaycroftMotor yacht Mag III offers a versatile layout with an impressive open design for the sun deck, all of which is decorated in a timeless interior style. Mag III accommodates up to 12 guests in five staterooms including a forward-facing master suite that opens to a private deck on the bow.Photo: Jim RaycroftPhoto: Jim RaycroftPowered by twin 1,299 hp Caterpillar Inc engines, Mag III reaches a top speed of 15 knots and cruises comfortably at 12 knots. When listed as a yacht for sale, her last known asking price was $10,750,000.
SuperYacht Times - The State of Yachting 2020
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