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Old 13-07-2008, 04:02   #1
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Thinking of building a Schionning 1480

Hi Cruisers I am a fitter and turner by trade and work speradicaly around the place . I am thinking of building a boat as a project and for sale at a profit after a short period of "sea trials" . I am not a boatie and while quite confidant I can build a boat, in particular a wilderness 1480 by Schionning. I am looking for any info an budget's and time lines for building these boats particularly as an occupation. Is there any one out there that have done some thing similar ?


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Old 13-07-2008, 04:31   #2
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Quite feasable, many boatbuilders get started this way.
Time is quotwd at about 5,000 hours for a 1480, mine is te 12.3 and time is supposed to be 4,000 hour but this is highly variable depending on your speed an the desired quality of finish.
For a budget I would talk to Lorraine Schionning as she has a lot of info and is willing to shre it.
Where abouts are you. Getting labour is difficult in most of Aus and many are going offshore to Asia but this is frought with its own set of difficulties.
Lots of luck


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Old 13-07-2008, 16:30   #3
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While you say youre not a boatie, do you have any experience on boats? I think it would be much more difficult to get things right if you really know nothing about boats and sailing.

BTW 5000 hours would get you a VERY basic 14.8 metre boat, unless you work extremely fast.

The surface area increases almost exponentially with length - a bigger boat is much more work.

Budget - The sky's the limit, but if you go very basic, look at around $200k up for materials
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Old 13-07-2008, 18:17   #4
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This is a large cat...

That is a large cat that you are planning to build.

I would do the initial planning on 15,000hours and $400k.

Sell price is almost totally dependent on the quality of the internal fit out.

Why not start with a smaller, easier one. Then if you like the work go on to something larger.

It could be possible to build a 37' easycat in under 4,000 hours.
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Old 13-07-2008, 19:25   #5
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Have you looked for and priced up a site to build on yet ?

Thats a hard and expensive thing for many

Sites here in Brisbane (just a patch of grass, no shed) are around $200/week now if you can find them

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Old 14-07-2008, 02:41   #6
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nO Boatie but capable

Well while I am no Boatie I have helped a littl with the build of a schioning , That is what got me interested in building one. On top of racing dingies as a kid and build Kayaks. I am looking at a 1480 near to me which is in a shed I am yet to find out what the rent is like . From my round figuer sums I figure I can make a fair profit out of the sale of a well built and finished boat looking at the resale of boats on the market in oz now. I am looking at 250-300-k for materials and rig plus a fit out "hopefully to a costomers spec?" is this fair ? How ofter would you see a sail away boat up for sale ready for custom fitout? Oh and is the tax break still out there as far as capital gain ?

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Old 14-07-2008, 05:58   #7
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Shanon, I'm not an accountant but as I understand presently(in OZ) if the boat is your principle place of residence for duration of ownership theres no CGT & if not you pay your marginal tax rate on 50% of the gain & if its your business which sounds like your intent, you pay tax on the income/profit/ or carry the loss against other income after costs as any one in business does. Better get some pro advice in regards to accounting so you can plan for your best course of action. All the best in your endeavours from Jeff.
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Old 14-07-2008, 11:06   #8
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First boat to build....? Spirited 380 or a Fusion 40 is little smaller but big enough for a long cruise. Sail for a year or two and then you can build your 1480.

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