I have to agree with the others here, this boat is a derelict.  It would need to be taken out of the water for several years and rebuilt by someone with good timber shipwright skills.  The cabin shows major rot and I am sure you would find more elsewhere.  I like the wishbone rig, but if you want to convert to junk, the spars, although round, are too light to be used without stays, and would need to be repositioned.  Unless you had the requisite skills, and somewhere you could keep the boat during the rebuild, the costs would become astronomical.  Believe me, I have done it.  I lost a decade of my life and most of my investment when I later sold the boat. 

If you get a steel boat, make sure every part of the steel hull below decks is accessible.  Too many have fancy fitouts that make inspection and maintenance of the hull's interior difficult or impossible.  Many steel boats rust from the inside out.  I have one, and have cruised it for 23 years.  I love the strength but am reaching a stage where the maintenance is becoming too much for me and I will probably just give the boat away in a few years.  If I could choose now, I'd go for a fibreglass or epoxy-saturated plywood boat with watertight bulkheads (I am also a bit anxious).  If you are serious about places like the Arctic, maybe a metal hull is the way to go, but for less extreme regions just stay away from reefs.  The risks of hitting a whale or container at sea are less than driving on the roads.  But watertight bulkheads would give you peace of mind if that really worries you.

This looks like 'a hole in the water to pour money into' to me. Nice lines above water, and if the hull is sound it might be rebuilt and refitted, but at great cost. Rot has got into the deck which is made from non-durable beech (birch?) plywood. It's too big for a singlehander, 30- 35ft would be more manageable as a rebuild project and to handle in harbour and at sea. The rig would be very large and expensive, and you would have to make it yourself. I don't expect the masts would be reusable.

I'd be looking elsewhere, for a GRP boat of similar age.

Thanks david.

the seller has been in sydney and australia 30 years and i have spoken a few times with different boats, and i can tell you his brand is integrity. So i am viewing this sat.

But he reckons is 99% water tight, built in 71 so it must he ok.

cabin needs a fix and some deck, clean  paint varnish etc, change layout, ad more portholes, raise cabin maybe?

apparenlty new sails and rebuilt engine. Bonus.

so im tall and have noticed shorter boats dont have much head room. 

Im also an artist and want room to store paintings etc as i travel.

which is one reason i want a boat. To carry stuff. And make art.

also it allowes one to reach far out places with no roads etc

explore more.

will this boat go into cold climates? Arctic?

or is that best with steel?

sorry for newby questions, but i am getting ready this year, amd going, on the cheap in need be, as adventure is a spirit. 

hi folks, can i get your opinion please.  This boat has come up, and i was originally lookng for a steel hull, mainly because im paranoid, a little, about sinking via hitting a reef etc, anyway, this is a good cheap boat, Wooden boat that i found, and it needs work, which suits my budget and skill set as a builder. But will it be a good junk?

the masts seem rounded, like it will be ok, strong emough? Will they need repositioning?

any comments appreciated 

ta