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Description:

1982 Piper Chieftain PA31-350 Aircraft – VH-NMK (Project)

A substantial twin-engine aircraft with strong restoration potential, this 1982 Piper Chieftain PA31-350 is offered in project condition with the vendor advising that most components are included. The Chieftain series is well regarded in the aviation industry for its payload capacity, range and versatility, commonly utilised in charter, freight, regional transport and aerial work operations. This example presents an opportunity for operators, engineers or aviation enthusiasts seeking a restoration project within the multi-engine aircraft category.



The aircraft has accumulated approximately 14,745.8 total airframe hours (TTIS). As a project aircraft requiring restoration, prospective purchasers are encouraged to conduct their own inspections and assessments to determine the scope of work required to return the aircraft to operational condition.



Power is provided by twin Lycoming TIO-540 series turbocharged engines, a widely used engine platform in the Chieftain range known for delivering strong performance and operational reliability when properly maintained. The aircraft is supplied with propellers and associated components as detailed below.



Key Features

• 1982 Piper Chieftain PA31-350 twin-engine aircraft

• Aircraft registration: VH-NMK

• Serial No: 31-8152163

• Total airframe time (TTIS): approximately 14,745.8 hours

• Project aircraft requiring restoration

• Vendor advises most parts included

• Vendor reports: Log books supplied

• High-capacity multi-engine aircraft platform

• Suitable for restoration, parts recovery or specialist aviation project



Engines

• Engine 1: Lycoming TIO-540-J2BD

 – Serial Number: L-5262-61A

 – Time Since Overhaul (TSO): approximately 1,457.7 hours

 – TBO: 1,800 hours

 – Calendar Status: On Condition



• Engine 2: Lycoming LTIO-540-J2BD

 – Serial Number: L-2188-68A

 – Time Since Overhaul (TSO): approximately 80.9 hours

 – TBO: 1,800 hours

 – Calendar Due: 07-09-2025



Propellers

• Propeller 1: Model HC-EYR-2ATF

 – Serial Number: DJ10758A

 – Time Since Overhaul (TSO): approximately 519.6 hours

 – TBO: 2,000 hours

 – Calendar Status: On Condition



• Propeller 2: Model HC-EYR-2AFL

 – Serial Number: DJ8544A

 – Time Since Overhaul (TSO): approximately 520.3 hours

 – TBO: 2,000 hours

 – Calendar Status: On Condition



A large-capacity twin-engine aircraft offered as a restoration project, presenting a significant opportunity for aviation professionals or enthusiasts seeking a substantial aircraft platform with included components and documented history.

Location of item: Tooradin Airport, Tooradin, VIC, Australia

This item is being offered PICK UP ONLY. Local collection is available, if shipping is required, bidders are encouraged to organise their own freight.

Inspections: By Appointment, Friday 19th of June 10AM to 3PM

Thinking of financing? Get pre-auction finance ready with Lloyds - Click here & speak to our team today! As Standard Auction Practice all Assets are Sold Unregistered For the safety of our extended family, Lloyds Staff is strictly enforcing social distancing regulations. We are open for inspection Monday to Friday 8am to 5pm and on Saturday via appointment. Lloyds Team Members are not qualified automotive/marine specialists and as such, Lloyds can not provide/conduct mechanical or condition reports with any lots offered at auction. All photos, descriptions, odometer readings, hour readings, engine specifications and any condition reports should be used as a guide only and have been compiled after speaking with the owners. For your peace of mind, Lloyds recommends personal inspections as well as seeking a third party specialist / mechanic to inspect any asset on your behalf prior to bidding. This asset is sold under standard auction conditions, as is, where is, with no warranty or cooling off period expressed or implied. To enquire about this asset please call Auto Team on 0485 867 059

Quantity:
1
Auction Details:
Lloyds Auctioneers and Valuers
Auction Date:
23-Jun-2026 14:00
Auction Address:
Gippsland HWY
Tooradin VIC 3980
Auctioneer Contact:
Frank "Goose" Cheney
0437801313
Other contact options:
Australia
+61 7 5559 1999 AUS
United States
+1 725 235 3877 LV
+1 561 709 3362 PB
United Kingdom
+44 20 4534 8418 UK
India
+91 80 6793 5648 BLR
+91 22 6884 1570 BOM
+91 12 0682 9420 DEL
Bidding Centre
Estimated time until auction:
20d 14h 44m
Starting Bid:
$1.00
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Buyer's Premium:
12.5% GST Inclusive
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Note:
All amounts are shown in Australian Dollars $AUD