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Acrospire III was restored in Melbourne by Dave Golding over two years in 1997 where they replaced all the Western Australian kauri ribs, the iroko and Tasmanian celery-top keel floors, the celery-top deck beams, Oregon beam shelves, kauri sheer planks, Tasmanian Huon pine garboards, the Queensland beech on epoxied -ply decks, the sternpost, king planks, gunwales, cabin, main hatch, forward hatch, and a new rudder. She has since had a full refit in 2002. She has never been fitted with a motor or plumbed toilet(2016).

She is now owned by Col Anderson and often seen heading the Melbourne classic racing fleet. Rating 9-M.