text: It has been described as a 'maritime masterpiece'. The 'finest' steam yacht in Australia. Originally named Ena, the historic steam yacht was designed in 1900 and built the following year. And now it is on the market after having served in World War I and being salvaged after it sunk in 1981, the Property Observer reports. This steam boat has been described as a maritime masterpiece. The finest steam yacht in Australia . Originally named Ena, the historic steam yacht was designed in 1900 and built the following year . Now it is on the market after having served in World War I and being salvaged after it sunk in 1981 . Agent Paul Summers said the Edwardian style yacht is on the market for more than $1.2 million . Designed by Walter Reeks more than a century ago, the yacht is said to be one of only three that remains in the world today. It first undertook war service as HMAS Sleuth in World War I before it sank years later in 1981 near Hobart after hitting an object underwater, according to the Property Observer. Ena was brought back to Sydney where she was purchased and further restored - and renamed 'Aurore' - which in total reportedly cost around $4 million. She become a commercial cargo and fishing vessel. The boat then came under the ownership of miner Pat Burke, which became the infamous playground for his close friends at the time - Rene Rivkin and David Baffsky, the Property Observer reports. Designed by Walter Reeks more than a century ago, the yacht is said to be one of only three that remains in the world today . The historica steam boat was initially named Ena then renamed after Aurore . The boat first undertook war service as HMAS Sleuthin World War I before it sank years later in 1981 near Hobart after hitting an object underwater, according to the Property Observer. The main saloon of the Edwardian style yacht also features a detailed timber table . The interior has varnished timber throughout, while below the deck there is a ladies' cabin that has seating and carved woodwork with etched glass murals . It's further marketed to have a gentlemen's saloon with the addition of day beds and a folding card table . Since then it has been relocated from Sydney to Melbourne, available for exclusive cruises on Port Phillip Bay and Yarra River . Inspections of the historic steam boat is by appointment only and will be up for auction on Tuesday, May 19 . The boat became a luxury playground for Rene Rivkin and his mates . Since then Ena has been relocated from Sydney to Melbourne for exclusive cruises on Port Phillip Bay and Yarra River. The interior has varnished timber throughout, while below the deck there is a ladies' cabin that has seating and carved woodwork with etched glass murals. It's further marketed to have a gentlemen's saloon complete with day beds and a folding card table. The main also features a detailed timber table. Listed by Paul Sumner at Mossgreen, he told the Property Observer the Edwardian style yacht is on the market for more than $1.2 million. Inspections of the historic steam boat is by appointment only. It will be up for auction on Tuesday, May 19.
target: 'Ena' was designed by Walter Reeks in 1900 and undertook war service as HMAS Sleuth in World War I .
  The 29 metre steam yacht sank near Hobart in 1981 but was salvaged .
  It was turned into a commercial cargo and fishing vessel, renamed 'Aurore'
  The historic steam boat has been listed by Paul Sumner at Mossgreen .
  It has been marketed as 'the finest steam yacht in Australia and only one of three of its kind remaining in the world'