This Ferrari 348 GTB is a stylish and rewarding modern classic Italian supercar, which has been enhanced with a few choice upgrades. It is powered by a mid-mounted naturally aspirated 3.4-litre V8, delivering around 221kW to the rear wheels via a five-speed open-gate manual transmission. This example previously spent time in the UK, and was imported and passed compliance in Australia in 2003, where it has been with the seller and third Australian owner for four years. The odometer indicates 36,482 Kms, which the seller believes to be accurate, though this is not warranted. Build year: 1994 This 348 GTB is finished in the iconic hue of Rosso Corsa, over a tan leather-trimmed interior, featuring a contrasting black dashboard and upper door cards, and red carpets. It rides on a set of 18-inch F355-sourced five-spoke alloy wheels fitted with Pirelli P Zero tyres. Equipment includes pop-up headlights, a black leather-trimmed three-spoke steering wheel, a top-tinted windscreen, electric windows, air conditioning, and Veglia Borletti gauges. This example has been fitted with an upgraded exhaust system, and F355 door panels, engine cover, rear bumper, and alloy wheels. The car comes with two keys, and some maintenance invoices. Please refer to the photo gallery to assess the exterior and interior condition. Specific notes from the seller include: a touched-up chip on the bonnet and on one of the headlight covers, and slight interior wear. The seller notes a slight oil leak, and the ABS warning light sometimes comes on when the car has not been driven for a long time, which may be due to the battery being flat. The most recent roadworthiness test was on 5 November 2024, which is understood to have resulted in a clean pass with no advisories. The last maintenance was performed in November 2024 at around an indicated 36,400 Kms by Racing Red, which consisted of an engine oil and filter change, the fuel filter being replaced, and the air filter being upgraded to a K&N unit. Other notable recent maintenance includes a new timing belt and water pump, new cam seals, the air conditioning pump replaced, all new drive belts, new tyres fitted, the left-hand rear upper control arm bushes replaced, a new battery, fuel pipe repairs, the brake fluid and coolant changed, a new timing sensor, the fuel tank cleaned, the radiator reconditioned, the water overflow tank replaced, the clutch release bearing replaced, new gearbox seals, and the clutch slave cylinder being replaced. This Ferrari 348 GTB is an evocative and rewarding modern classic Italian supercar, which has been enhanced with a few discerning upgrades. Presented with a quintessential colour scheme, iconic Pininfarina-penned styling, and boasting a lively V8 engine, coupled to a five-speed open-gate manual gearbox, it would make a fine addition to any marque enthusiast’s collection, and an engaging companion for weekend drives, fair-weather cruising, and classic car show visits alike.