No its not on boat point
ummm... ok im not much of a sailor but my hubby bought this boat about 5 years ago for $8500 i think. then we spent a few thousand dollars on replacing the rigging (as we couldn't get it insured without new rigging) and on a new outboard... other than that, its in pretty original condition! he learnt to sail on this boat and loved it so much that he went and bought a beneteau about 2 years ago... so this poor little tophat has been sitting in hunters hill (parra river side) virtually unused for the last couple of years.
so while i say buggerred (from a female aesthetics point of view), hubby say's it still sails pretty well! I think it needs a really good paint, and some of the timber would need to be restored.
We think its probably worth about $10k, but would happilly accept $5k (to avoid having to keep paying mooring and insurance etc every year!).
If you want to take a look let me know...
Bek
