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Old 05-10-2016, 12:51 PM   #1
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Default The post-poverty postings

Decided to change it up a bit now that my finances have freed up and new options are presenting themselves. So, welcome to my new, happier thread.

I've been looking at a 34' cat that needs an owner. It turned turtle during WAGS (Wednesday Afternoon Go Sailing - RQYS) in Moreton Bay, was bought by a Melbourne yacht repairer and fixed up, then he flipped it going south into a headwind. It has been sitting in a marina in Tweed Heads for 12 months.

Why would that be an interesting yacht? It's foam and glass, built in 2009 and CHEAP. I've already located a used rig for it (mast, boom, stays and full batten main and heady) and am about to make a lowball offer.

A sister yacht built the same year is currently for sale at $240k and I think I can get this one and put it back together for $110k or so. Nice margin there.

I also made an offer on a 546 sqm ABSOLUTE WATERFRONT property at $30k which has been accepted by the vendor. It has issues too, but not insurmountable ones. And with such land being impossible to find under $350k anywhere on the East Coast it would have to be the bargain of the century.

Having money doesn't suck. At all.

Photo of the cat:
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Old 05-11-2016, 01:54 PM   #2
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Can no longer recommend the free Kindle reader from Amazon. The damned thing expires and you have to upgrade it, which is idiotic. Utterly useless for a yachtie.
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Old 05-11-2016, 02:17 PM   #3
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Waterfront property was a bust. The agent told be my offer was acceptable, when she meant to type unacceptable. Bloody illiterate clown.
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Old 05-11-2016, 06:30 PM   #4
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Shenoa is up for sale. We'll let the market decide whether she should live or die.

Hartley Tasman 27' Bilge Keeler 1984 in QLD | eBay
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Old 05-12-2016, 01:21 AM   #5
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Enjoying your new thread

I'd have bad premonitions about a boat that had turtle-ed once and pitch poled once. Next...
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Old 05-12-2016, 08:28 AM   #6
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Got the full story from the owner today. Definitely operator error, they had a mast that was way too big for such a narrow cat. I believe I can get a better price than advertised as well.

A name change and the right incantations to Neptune should fix the other issue.

So many good boats around when you get to this bracket, I'm seeing 35' Beneteaus under $90k all over the place.
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Old 05-18-2016, 12:45 PM   #7
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I know a guy in Rarotonga who has a 49ft Monohull available for $50K. Pretty well kitted out too, although it's been a few years since I saw it. Let me know if you're interested and I'll put you in touch.
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Old 05-20-2016, 11:32 AM   #8
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Visited a couple of boatyards today to get pricing. Brisbane Ship Lifts (aka "The Yard") wanted $660 for haulout/splash, $80 per hour for water blasting, $85 per day hardstand and required mandatory insurance. Insane.

The tiny Wynnum Boat Ramp at Doughboy Creek has only started operations again after a six month hiatus. They wouldn't quote but said they are booked until the end of the month. In any case since they use a cradle and trolley arrangement their forte is drag out, blast, paint and resplash. They don't have a travel lift and the crane is owned by someone else who isn't there most of the time. No hardstand either since they can't unload from the trolley.

Looks like I'm going to have to travel a bit further afield. Three of us here at Morningside will be forming a convoy up to Monty's at Caboolture where hardstand fees are a more reasonable $120 per WEEK. It's a long way to motor so I'm hoping the storm jib will be of some assistance.
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Old 05-20-2016, 11:34 AM   #9
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Quote:
Originally Posted by delatbabel View Post
I know a guy in Rarotonga who has a 49ft Monohull available for $50K. Pretty well kitted out too, although it's been a few years since I saw it. Let me know if you're interested and I'll put you in touch.
Not much of a description. In any case it's a bit large for little ol' me, and I'm leaning towards cats or tris right now.
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Old 05-20-2016, 11:40 AM   #10
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Hopped down to Tweed Heads to view the 2009 model Rogers 34' cat during the week. Unfortunately the overturn and lost mast was only one of her problems. Internally I couldn't imagine a worse layout, with a huge semi-circular couch taking up most of the living area.

It was as hot as hell inside with no crossflow ventilation available, and the galley cupboards were so tiny they wouldn't have fitted a can of beans due to sloping walls inside them. In short, there was almost no storage space at all.

Maybe OK for club sailing but useless for even an overnighter. Could have had it for $70k or less, and had already found a used mast, sails and rigging from another Rogers at $9500 but it just wasn't for me. It would take a Sawzall to make that thing suitable for cruising and I just don't have the time.

After that I popped over to Russell Island to look at a house that's going relatively cheap. I also did a quick trip to Macleay Island on the water taxi for contrast. Russell is feral central, I haven't seen so many navel-length grey beards in my entire life.

The house was a good deal but I can't see myself living there.
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Old 05-20-2016, 11:45 AM   #11
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Got back to Colmslie to find a note pasted on Shenoa, courtesy of MSQ. (Do these guys ever quit?)

----------------

VESSEL OWNER

Marine Safety Queensland requires your vessel to be moved away from the shipping channel to allow the dredge Brisbane to carry out dredging operations from Monday 23/05/2016 until completion.

Failure to comply will result in a Harbour Master's direction being issued. Marine Safety Queensland will remove your vessel and recover all costs.

-----------------

Jesus wept. Five days' notice, good thing I wasn't interstate or something. I'll be motoring to a new location tomorrow.
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Old 05-20-2016, 03:04 PM   #12
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Fixer-uppers are usually long term projects. If you want to go sailing soon, please look at sail-away vessels. There are lots of them out there (Here in the US the bargains are everywhere..and Mexico is close and Oceania friendly).

Also, the world is littered with good yachts such as this:
1999 Beneteau Oceanis 411 Sail Boat For Sale - www.yachtworld.com
Meanwhile grab a copy of this:
http://www.amazon.com/Inspecting-Sai.../dp/0071445455
I think it's also available as a free PDF download.


Best of luck with the search.
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Old 05-21-2016, 12:38 AM   #13
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I doubt there is any such thing as a "sail away" vessel, it's all a matter of degrees of work necessary. That Beneteau looks like a good deal but even in Australia a 20yo Oceanis 351 or 381 can be had for AU$90k or so, yacht prices are very weak all round.

http://www.boatsales.com.au/boats-for-sale/dealer/used/OAG-AD-2199507/1996-BENETEAU-OCEANIS-351

http://www.boatsales.com.au/boats-for-sale/dealer/used/OAG-AD-12014969/1996-BENETEAU-OCEANIS-38

Certainly won't be buying anything until I move the ferros anyhow. I've learned my lesson, one yacht at a time is enough.
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Old 05-21-2016, 11:38 PM   #14
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Now this is interesting. The Aquion saltwater battery seems to be the game changer we've been waiting for. A whopping 2.6kWH of storage at 48V for only US$1,195.00 retail.

https://www.altestore.com/store/deep...ck-48v-p11941/
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