2005 Mustang 2800 Sports Cruiser – Rebuilt Engine + Turn-Key Package

This 2005 Mustang 2800 Sports Cruiser (Series III) stands out from the rest, backed by extensive mechanical work, major upgrades, and documented service history.

If you're looking for a turn-key 28ft cruiser with confidence already built in, this is one of the best examples on the market.

 

Major Highlights

  • Engine fully rebuilt (2023) – approx. $30,000 spent

  • Recent antifoul (Jan 2026) + Propspeed applied

  • Stern drive fully serviced (2026)

  • New fuel pump, cooling system work completed (2026)

  • New batteries & charger system installed

  • Clears repaired/replaced (2024)

 This is not your average Mustang 2800 — the heavy lifting has been done.

 

Performance & Mechanical Confidence

  • Compression tested – strong across all cylinders

  • Cooling system serviced including impeller, riser & thermostat work

  • Fuel system upgraded with new pump

  • Stern drive serviced, resealed & pressure tested

This is a boat you can step onto and use immediately without the usual unknowns.

 

Entertaining & Layout

  • Large cockpit with seating for 8–9 people

  • Walk-through windscreen access to bow

  • Full bimini and clears

  • Swim platform for easy water access

 

Accommodation

  • Forward double V-berth

  • Mid-cabin double

  • Convertible dinette

  • Enclosed bathroom

Sleeps 4–6 comfortably

 

Specifications

  • Year: 2005

  • Model: Mustang 2800 Series III

  • Engine: NEW Volvo Penta stern drive

  • Length: ~ 28ft

  • Beam ~ 2.59m

  • Fuel: ~ 300L

  • Water: ~ 200L

 

Why This Boat?

Most boats in this price range require significant money spent after purchase.

This one doesn’t.

With a recent engine rebuild, major servicing, and ongoing maintenance, this is a rare opportunity to buy a properly sorted cruiser.

 

The Opportunity

Perfect for Lake Macquarie, Newcastle, or coastal cruising — whether you're upgrading or entering the cruiser market, this is a low-risk, high-value option.

 

Located on Lake Macquarie, Inspections are highly recommended - ready for immediate delivery.

Oliver Wrigley
Director & Sales Broker - Buyaboat
Phone: 0439042822
Email: oliver@buyaboat.com.au

Price $55,000 AUD
Brand Mustang
Model Series III
Length 8.53 Meters
Year 2005
Category Motor & Power Boats
Hull Type Fibreglass
Hull Style Single
Power Type Power
Type Of Sales Dealer
Engine Make Volvo Penta
Engine Type Volvo Penta
Condition Used
State New South Wales
Suburb WANGI WANGI
HIN Number AUMUSW0368L405
Stock Number OW28MUSTANG
Engine Make Volvo Penta
Engine Hours 100
Horse Power 280
Fuel Type petrol
Drive Type Sterndrive
Stroke 4-Stroke
Fuel Capacity 300
Service History good
Designer Mustang
Builder Mustang
Water (Potable) Capacity (l) 200 l
Hull Construction Material fibreglass
Hull Type single
Deck Construction Material fibreglass
Length (feet) 28 feet
Length (m) 8.53 m
Beam/Width (m) 2.59 m
Draft (m) 1 m
Engine Notes recently rebuilt, close to 100 hours since rebuild
Number Of Engines 1
Engine Standard good
Stroke 4 stroke
Engine Hours 100 Approx
Horse Power (hp) 280 hp
Drive Type sterndrive
Fuel Type petrol
Number of Fuel Tanks 1
Fuel Tank Capacity (L) 300 L l
Accomodation Notes Spacious accomodation
Number of Berths 4
Number of Showers 2
Shower Type Enclosed & Cockpit - Hot & Cold
Number of Toilets 1
Toilet Type standard
Number of TVs 1
Holding Tank (L) 40
Galley Notes clean and well equipped
Stove yes electric
Refrigeration yes presents and works well
Number of Freezers 1 built into the fridge
Number of Sinks 2
Anchor / Winch Muir Anchor winch
Bilge Pump 2 x auto electric
Electronics Navigation Raymarine
Covers clears and covers on good condition
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