Spotted this at the Boatright yard the other day. Viewed from below it's pretty hard to tell what you're looking at, but iturns out it's one of NZ's most famous yachts, Rawhiti. Designed and built by the Logans in 1905 and is apparently apparently their last and biggest racer at 54ft (despite looking a lot smaller up on the dry).

Read an interesting article on Rawhiti and it's recent restoration here...