Project Boat
For sale is "Lotus Dragon", a classic 38ft gaff-rigged cutter project vessel with significant restoration work already completed and substantial remaining potential.
The vessel has been stored on land for several years during restoration works. Due to lack of time and distance from the storage location, the project is now offered for sale.
GENERAL
Approx. 38ft LOA
Beam approx. 11'6"
Draft approx. 5'2"
Fibreglass hull
Timber/glass deck and cabin construction
Traditional timber interior
Timber mast and gaff rig
Hydraulic wheel steering
Bronze propeller
Believed built circa 1984
Norman Wright yard heritage referenced in earlier documentation
ENGINE
Major value item:
3-cylinder Yanmar diesel
Professionally refurbished by Dieselworks
Low hours since refurbishment
New injectors
Heat exchanger work completed
Engine work alone represented substantial expenditure
ELECTRICAL / SYSTEMS
Solar panels
Inverter system
Various onboard systems present
CONDITION
The boat is NOT a turn-key or immediately launchable vessel and requires further restoration/recommissioning work.
However:
Hull considered fundamentally recoverable
Interior retains considerable character
Significant core mechanical work already completed
Excellent basis for classic yacht restoration/liveaboard/project vessel
A previous hull condition report described the hull as solid and well laid up with no osmosis detected below the waterline at time of inspection.
Ideal for:
Shipwright
Wooden/classic boat enthusiast
Restoration hobbyist
Liveaboard conversion
Traditional sailing enthusiast
Located: [YOUR LOCATION]
Inspections welcome.
Hull
Fibreglass/GRP Hull report avaible from past prior to hard standing
Deck Material
Fiberglass / Wood
Engine Hours
500hrs and refurnished
ABOUT THE SELLER
Brisbane
QLD 4179 Australia