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GRACE — 1991 Australian Yacht Builders
Motor yachtGlobal market

GRACE

1991 Australian Yacht Builders

Length
58.8 m
Year
1991
Cabins
6
Guests
14

Asking price

€10,500,000

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GRACE — 1991 Australian Yacht Builders — photo 1

Overview

GRACE — 1991 Australian Yacht Builders

M/Y Grace 58.52m | Australian Yacht Builders | Full Aluminium | 499 GT

M/Y GRACE 58.52m | Australian Yacht Builders | Full Aluminium | 499 GT

Built 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 Highlights

  • Builder: 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

Propulsion

GRACE 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 engine

  • 90 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 Generation

Twin 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 & Engineering

  • Naiad 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 Potential

One 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 Advantages

  • Full 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 & Toys

GRACE 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

Specifications

Dimensions

Length
58.8 m · 193 ft
Beam
10.4 m · 34 ft
Draft
2.3 m · 8 ft
Gross tonnage
499 GT
Hull
Aluminum

Builder

Builder
Australian Yacht Builders
Built
1991
Exterior design
Paola D. Smith & Associates
Interior design
Glade Johnson Design, Inc.
Naval architect
Glade Johnson Design, Inc.
Flybridge
Yes

Performance & machinery

Cruising speed
12 kn
Max speed
17 kn
Engines
MTU · T1227N10 · 2,000 hp · 20,180 hrs, MTU · T1227N11 · 2,000 hp · 20,180 hrs
Fuel
Diesel
Fuel capacity
121,033 L
Fresh water
22,498 L

Accommodation

Cabins
6
Guests
14
Crew
12

Tenders & toys

Tender
Cris Craft

Enquire about GRACE

Ask for the full specification, a viewing or availability. Your broker will reply personally.

By sending this form you agree that Nautique Yachting may contact you about your enquiry. We never share your details with third parties.

This yacht is listed by another broker and presented by Nautique Yachting through the international co-brokerage network. Specifications, price and availability come from the listing broker and are not guaranteed.