She was built after the death of William Holmes in 1925. His son Reginald had taken over the business. Reginald was a colourful character, not only was he involved in boatbuilding, but he also controlled a lucrative smuggling ring using speedboats built at his boat shed to pick up cocaine, cigarettes and other contrabands thrown overboard from ships passing off Sydney Heads. A previous owner believes that Folly III, then know as Sirocco, was involved in some of these transactions due to remnants of bullets found in the transom during repainting. This has never been confirmed. She was trucked to the Gold Coast in 1961 and had numerous owners in the Gold Coast, Sunshine Coast and Brisbane. In 1977 she was painted black and used in the film ‘Love In Ambush’ starring Sigrid Thornton and Gary Sweet, which was filmed off Stradbroke Island. We bought her in 2016 and after spending 2 weeks on board attending the Classic Boat Regatta at Bribie Island discovered that she was in a worse state than the survey revealed. Major repairs and total refurbishment were carried out taking 18 months to complete. The hull was stripped back to bare timber; rotten timber was cut out and replaced. The original chalking was raked out and filled with epoxy and fibreglass sheathed. The interior was gutted and also stripped back to original timber; any rotten wood was replaced before being saturated in timber preservative. The original timber interior structures were sanded and repainted before being reinstalled, leaving the boat true to its original 1920’s period. In December 2017 she was launched and cruised back to Sydney. She spent New Years Eve, watching the fireworks, anchored off Lavender Bay, her original birthplace. No matter where she is, tied up in a marina or at anchor in a bay somewhere, there is always someone that comes up to us to tell us how beautiful she is. A previous owner said ‘that I feel like I have Elle McPherson on my arm every time I take her out.’ She is true classic wooden boat of which very few examples of her style still exist.