1991 AUSTRALIAN YACHT BUILDERS
Price
$11,791,526
$10,500,000 EUR Reduced $38,014 (0.3%)
Location
Cannes, Provence-Alpes-Cote-d'Azur
Days on Market
83
Price Reduction
$38,014 was $11,791,526
Length
192.9 ft (58.8 m)
Year
1991
Builder
AUSTRALIAN YACHT BUILDERS
Type
MotorYacht
Beam
34' (10.36m)
Cabins
6
Sleeps
14
Engines
2
Engine
MTU T1227N10
Engine Type
Inboard
Fuel
Diesel
Total Power
4000 HP
Cruise Speed
12 Knots
Max Speed
17 Knots
Fuel Capacity
121033 L (31973.54 Gal)
Water Capacity
22498 L (5943.34 Gal)
Gross Tonnage
499.00
Boat Name
GRACE
Full Specifications
M/Y GRACE 58.52m | Australian Yacht Builders | Full Aluminium | 499 GTBuilt entirely in aluminium by Australian Yacht Builders, GRACE is a rare opportunity in today's market. Following an extensive refit and continuous investment by her owner, she combines the volume and capability of a much larger yacht while remaining below the strategic 500 GT threshold, offering significant operational and regulatory advantages.Her contemporary open-plan layout creates an exceptional feeling of space across three expansive decks, giving guests the impression of being onboard a bigger yacht while benefiting from the efficiency of a sub-500 GT vessel.Technical HighlightsBuilder: Australian Yacht Builders Year Built / Refit: 1991 / 2020 Construction: Full Aluminium Length Overall: 58.52 m Beam: 10.36 m Draft: 2.3 m Gross Tonnage: 499 GT Commercially Registered Classification: ABS (renewed in 2024) Elevator PropulsionGRACE is powered by twin MTU 12V4000 diesel engines producing a combined output of approximately 4,660 HP, coupled with Kamewa Waterjet propulsion, a highly unusual specification for a yacht of this size. This configuration provides:Exceptional manoeuvrability Reduced vibration and noise Increased reliability Lower maintenance compared to conventional shaft lines Excellent fuel efficiency at cruising speed Fuel Consumption per engine90 L/hour per engine @ 8 knots 100 L/hour per engine @ 10 knots 120 L/hour per engine @ 11–12 knots This remarkably low fuel consumption makes GRACE one of the most economical yachts in her category to operate. Power GenerationTwin Northern Lights 185 kW generators provide reliable onboard electrical power for all hotel services and guest operations.Both generators have recently been serviced, reflecting the owner's proactive maintenance programme. Stabilisation & EngineeringNaiad Marine stabilisation system Kamewa Waterjet propulsion Dry dock completed in May 2026 Recent engine services completed July 2026 Recent stabiliser and waterjet servicing completed May 2026 The yacht has been maintained to an exceptionally high technical standard, ensuring she is immediately ready for private or commercial operations. Commercial PotentialOne of GRACE's strongest assets is her commercial certification, allowing her to accommodate up to 130 guests for static events, making her ideally suited for:Cannes Film Festival Cannes Lions Monaco Grand Prix Corporate hospitality Brand activations Luxury private events This represents an exceptional revenue-generation opportunity while also offering outstanding versatility for private ownership.Key AdvantagesFull aluminium construction Rare 499 GT platform Massive interior and exterior volumes Open-plan layout creating the feeling of a much larger yacht Twin MTU 12V4000 engines Rare Kamewa Waterjet propulsion Very low operating costs Commercial certification for events ABS Class renewed in 2024 Extensive recent servicing and maintenance Turn-key condition Tender & ToysGRACE is delivered with a comprehensive selection of tenders and water toys, including:Two 8.13 m Chris-Craft tenders powered by Volvo Penta V8 engines Two Sea-Doo personal watercraft
