A luxury 120ft yacht will be sold at auction later this month with no reserve. Interested?

Irish Rover

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Probably a similar thing to people ripping brand new kitchens out of new (to them) houses - because they fancy a different decor ?‍♂️
I had a 300m² house with 4 en-suite bedrooms for sale last year. It need some TLC and was priced accordingly. Lots of viewings but no takers. I spent around €20k sprucing it up a bit and put it back on the market at €50 higher price. Sold at the asking price within a week to a couple who had viewed it prior to work and declined to make an offer. They then proceeded to rip out most of the work we had done and spend plenty before moving in.
 

Concerto

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"She originally served as a New Zealand navy patrol vessel before being converted into a yacht by Fitzroy Yachts in 2011. She was last refitted in 2012."
It was a bit more than just a quick refit. This is quoted from the sale brochure in post #2.

"Kahu susequently under went a major refit with Fitzroy Yachts of New Zealand, extending her length from 92 to 122 feet. The bulwarks were raised up forward and the whole superstructure was replaced. In addition, a sewage treatment plant, water makers, stabilisers, bow and stern thrusters, an anchoring system and upgraded electronics."

Probably started in 2011 and finished in 2012.
 

ashtead

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Just think of it in terms of how many Fulmars you could have for that one . I believe it was a ship extension like that which caused the demise of Hal attic at port Chester. Not an easy job to bolt on an extension .
 

Irish Rover

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Just think of it in terms of how many Fulmars you could have for that one . I believe it was a ship extension like that which caused the demise of Hal attic at port Chester. Not an easy job to bolt on an extension .
I know what a Fulmar is, the rest of what you wrote went straight over my baldy head. Maybe you could answer in £, $, € or another currency for the benefit of this poor ignorant Paddy ?
 

ashtead

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It was just that installing an extension on a ship as advertised on the subject vessel can lead to all sorts of structural issues I believe so any bid might be impacted by quality of the works mentioned at post #10 I’m not saying anything wrong with this one but it could be a liability so the price is accordingly dependent on such matters.
 

dgadee

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It was just that installing an extension on a ship as advertised on the subject vessel can lead to all sorts of structural issues I believe so any bid might be impacted by quality of the works mentioned at post #10 I’m not saying anything wrong with this one but it could be a liability so the price is accordingly dependent on such matters.

Welding up inserts is common - that's how ships are often built. The welding is usually stronger than the material on either side. It won't put me off bidding. The cushions might.
 

Fr J Hackett

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Fit out of software (furnishings etc) looks naff and basic hughstreet stuff but the hardware sounds decent enough so you could get lucky ( or unlucky) with a speculative bid of £250K you don't know what it will go for really better to attend the auction if you are really interested than put in a blind bid.
 

Fr J Hackett

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The other thing is you don't know how much damage was caused by HMC&E when they did their rummage to find the drugs, they are likely to have cut holes in lots of things including tanks.
 
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