2002 Grand Banks 42 Classic
Pre-owned
































LOA
43 ft
Year Model
2002
Price
$498,000 (AUD)
DESCRIPTION & DETAILS
Alexander Marine are pleased to present the 2002 Grand Banks 42 Classic 'Grand Spirit' to the market.
Step aboard the Grand Banks 42 Classic, one of the most iconic trawler-style yachts ever built by American Marine. A vessel often imitated but rarely matched, the 42 Classic has earned its reputation as the ideal cruiser for a couple with occasional guests, offering timeless design, seaworthy performance, and superior craftsmanship.
Starting with the walkaround teak decks and spacious flybridge, you're immediately reminded of the solid teak artistry Grand Banks is known for. The design is clean, functional, and steeped in tradition, hallmarks of a boat built for serious passage making. Her semi-displacement hull features a fine entry forward, hard chines aft, a full keel, and excellent fuel efficiency, cruising effortlessly at 9–10 knots while burning just 25 litres per hour at 1500 RPM.
Step into the saloon, and you'll appreciate the uncluttered, thoughtfully organised interior. Everything has a place, clearly the result of a lifetime of boating experience. The teak joinery throughout is beautifully crafted, and there’s a comforting sense of order and purpose.
Below decks, the layout is ideally suited for extended cruising. Aft, the master stateroom offers a walkaround queen-size bed, with a private head to port and a separate shower to starboard. Forward, the guest cabin features V-berths, its own head, and separate shower, giving both owner and guests complete privacy.
‘Grand Spirit’, hull number 1483, the newest and most well-equipped Grand Banks 42 Classic currently available for sale in Australia. As one of the last of the 1,554 hulls produced before the model’s conclusion in 2004, she embodies the final evolution of Grand Banks’ most successful design.
Powered by twin Cummins 6BTA 220 HP engines with just 2200 hours, she delivers reliable and economic performance. Recent and significant upgrades have been completed under the care of her knowledgeable owner, ensuring she’s ready for many more years of dependable cruising.
To top it all off, she comes with an AB centre console RIB, launched and retrieved with ease via a hydraulic davit mounted on the swim platform, one of many smart features that make ‘Grand Spirit’ an exceptional choice for those seeking a true classic with modern usability.
Whether you’re planning extended voyages, looking for liveaboard comfort, or simply seeking a beautifully built and maintained cruiser, ‘Grand Spirit’ offers a rare opportunity to own a piece of Grand Banks history, with all the right upgrades and the heritage to match.
A summary of her significant upgrades is as below;
o All teak hand rails, cap rails and transom newly varnished (8 coats) - March 2025
o Sideshift S/S 350 stern thruster complete with dedicated batteries, wireless control to flybridge and handheld remote control - 2024
o Two Full river HC100,965CCA AGM batteries for stern thruster - 2024
o Noco Genius 10-amp x 2 smart charger for stern thruster batteries - 2024
o Noco 5Amp smart charger for tender battery - 2024
o Global M27 SMF 12V CCA 780 battery in RIB - 2024
o Compressor & evaporator fitted to Isotherm fridge/freezer in saloon - 2024
o Two digital monitors for fridges and freezers in galley and saloon - 2024
o Additional stainless-steel handrail on steps to flybridge (removable) - 2024
o Stainless steel 'safety rail' fitted outboard of teak steps from flybridge to lower deck (removable) - 2024
o All seacocks fully serviced - 2024
o Two 8D-N200Z Heavy Duty - 1200CCA AGM 12 V starting batteries - 2023
o Stern tube bearings and PSS seals fitted to both driveshafts - 2023
o Marine design teak table on flybridge - 2023
o Covers to lower helm seat cushions - 2023
o 12 x LED lights installed in engine room - 2023
o LED strip lighting fitted to saloon & galley – 2023 (concealed behind pelmets)
o iSocket 240V power protection - SMS to mobile phone if shore power failure and power restore detected - 2023
o Forward clears on flybridge - 2023
o Force 10 three element gas cooktop - 2022
o Gas Monitor GA 286 SV installed in galley - 2022
o New and upgraded gas sensors in galley and engine room- 2022
o Raritan 40L water heater - 2022
o Two Tecma electric toilets - flushing changed from sea to fresh water - 2022
o Weber BBQ on custom-made S/S stand & S/S gas tank on flybridge - 2022
o Two VHF and one AM/FM Shakespeare antennas on new S/S brackets - 2022
o Icom IC-M423 VHF with extension handset controls on flybridge - 2022
o GME G. COM VHF at lower helm - 2022
o Alpine AM/FM/stereo radio with Bluetooth connectivity - 2022
o Sideshift S/S 350 stern thruster complete with dedicated batteries, wireless control to flybridge and handheld remote control - 2024
o Two Full river HC100,965CCA AGM batteries for stern thruster - 2024
o Noco Genius 10-amp x 2 smart charger for stern thruster batteries - 2024
o Noco 5Amp smart charger for tender battery - 2024
o Global M27 SMF 12V CCA 780 battery in RIB - 2024
o Compressor & evaporator fitted to Isotherm fridge/freezer in saloon - 2024
o Two digital monitors for fridges and freezers in galley and saloon - 2024
o Additional stainless-steel handrail on steps to flybridge (removable) - 2024
o Stainless steel 'safety rail' fitted outboard of teak steps from flybridge to lower deck (removable) - 2024
o All seacocks fully serviced - 2024
o Two 8D-N200Z Heavy Duty - 1200CCA AGM 12 V starting batteries - 2023
o Stern tube bearings and PSS seals fitted to both driveshafts - 2023
o Marine design teak table on flybridge - 2023
o Covers to lower helm seat cushions - 2023
o 12 x LED lights installed in engine room - 2023
o LED strip lighting fitted to saloon & galley – 2023 (concealed behind pelmets)
o iSocket 240V power protection - SMS to mobile phone if shore power failure and power restore detected - 2023
o Forward clears on flybridge - 2023
o Force 10 three element gas cooktop - 2022
o Gas Monitor GA 286 SV installed in galley - 2022
o New and upgraded gas sensors in galley and engine room- 2022
o Raritan 40L water heater - 2022
o Two Tecma electric toilets - flushing changed from sea to fresh water - 2022
o Weber BBQ on custom-made S/S stand & S/S gas tank on flybridge - 2022
o Two VHF and one AM/FM Shakespeare antennas on new S/S brackets - 2022
o Icom IC-M423 VHF with extension handset controls on flybridge - 2022
o GME G. COM VHF at lower helm - 2022
o Alpine AM/FM/stereo radio with Bluetooth connectivity - 2022
o Alpine stereo speakers in saloon and aft cabin - 2022
o Canvas covers on all handrails and cap rails (to protect gloss varnish) - 2022
o Lofrans Falkon dual horizontal windlass + 70 metres of 10mm galvanised chain - 2021
o Ultra 27kg/60lb S/S anchor and swivel -2021
o 30kg/66lb S/S CQR anchor - 2021
o Tank tender fuel level gauge to two diesel tanks - 2021
o Tank tender fresh water level gauge to three water tanks - 2021
o Sharp microwave/convection oven - 2021
o Raymarine cam 300 rear view video camera fitted to end of boom (to assist reversing into pen) - 2021
o Marlin board centre supports strengthened + S/S protector - 2021
o Prestomarine XL500 498kg Hydraulic davit fitted - 2021
o AB Mares 10 VSX centre console RIB & 20HP Honda outboard - 2020
o S/S water tanks (upgrade of original aluminium tanks) - 2020
o Raymarine Chartplotter/Radar/Fishfinder - 2019
o Raymarine autopilot - dual controls (at lower helm & flybridge) - 2019
o Raymarine rudder angle indicator on flybridge - 2019
o Raymarine instruments - wind, depth, speed, multifunction display to flybridge – 2019
You are invited to book a private inspection to view this vessel. If you are unable to travel to inspect this vessel, we would be pleased to offer you a personal guided video tour via telephone with one of our yacht consultants.
Lying: South Fremantle, Western Australia.
Lying: South Fremantle, Western Australia.

Year Model | 2002 |
LOA | 43 ft |
Beam | 4.29 M (14' 1”) |
Draft | 1.27 M (4' 2") |
Fuel Capacity | 2,270 L (approx) |
Fresh Water Capacity | 1,000 L (approx) |
Engine | Twin Cummins 6BTA’s |
Power | 220 hp |
Generator | Onan 8.5 KW (710 hrs approx) |
HIGHLIGHTED DETAILS & SPECIFICATIONS
Year Model | 2002 |
LOA | 43 ft |
Beam | 4.29 M (14' 1”) |
Draft | 1.27 M (4' 2") |
Weight | 15420 kg |
Designer/Builder | Grand Banks Yachts |
Hull Material | Fibreglass |
Deck Material | Teak and fibreglass |
Engine | Twin Cummins 6BTA’s |
Power | 220 hp |
Engine hours | 2200 hrs (approx) |
Maximum speed | 11 Knots (approx) |
Cruising speed | 9 Knots (approx) |
Stern Thruster | Sideshift Stern Thruster |
Generator | Onan 8.5 KW (710 hrs approx) |
Fuel Capacity | 2,270 L (approx) |
Fresh Water Capacity | 1,000 L (approx) |
Tender | 2020 AB Mares 10 VSX 3.19M Centre Console RIB |
Tender Engine | 2020 20HP Honda Outboard |
Shower | 3 (inclusive of transom) |
Toilet | 2 |
Entertainment / Appliance Notes | Alpine stereo speakers in saloon and aft cabin (New in 2022) |
Accommodation Configuration | Two guest cabin accommodation layout. Aft master stateroom featuring a queen-size bed and private ensuite. Forward V-berth cabin with private ensuite. |
Sleeping Cabins | 2 |
Sleeps Total | 4 |
Galley | Galley located on the main saloon floor level and featuring Corian countertops, fridge/freezer, gas cooktop and microwave/convection oven. |
Fridge | Galley: Built-in Waeco fridge/freezer with teak door. Saloon: Isotherm fridge/freezer. |
Stove | Force 10 three element gas cooktop (New in 2022). |
Microwave | Sharp microwave/convection oven (New in 2021). |
Watermaker | AAA Water Maker |
Water Heating | Raritan 40L Water Heater (New in 2022) |
Electrics | 12VDC and 240V AC systems. Fore and aft Marenco 50Amp shore power sockets. 50Amp 20m cable (New in 2022). Victron Phoenix Multi Plus 12V/120Amp Charger & 3000W Inverter. Promatic 50 - 3 Step 12V Charger 240V AC Charger. |
Electronics | Raymarine MFD. Raymarine Chartplotter/Radar/Fishfinder. Raymarine Autopilot. GME VHF (New in 2022). Icom IC-M423 VHF with extension handset controls (New in 2022). Victron Energy BMV-600 Battery Monitor. Raymarine rudder angle indicator. |
Deck Gear | PrestoMarine XL500 498kg Hydraulic Davit (New in 2021) |
Cockpit BBQ | Flybridge Weber BBQ on custom-made S/S stand & S/S gas tank (New in 2022) |
Anchor | Ultra S/S 27kg/60lb Anchor. CQR S/S 30kg/66lb Anchor. Dual Lofrans Falkon horizontal windlasses with 70m of 10mm galvanised chain. |
Awnings / Covers | Flybridge and rear deck bimini. Covers for all externally exposed varnished timber. Three-sided flybridge clears. |
Stock Number | GB42CL525TH |
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