The Muscle of Bathurst: A 1968 Holden HK Monaro GTS 327

On the ladder of Australian muscle cars, the 1968 Holden HK Monaro GTS 327 is a legend among legends.

Known as the “Bathurst Monaro”, this machine roared into history with its big torque Chevrolet 327 V8, by cementing its place as the 1st Holden to win the Hardie-Ferodo 500 at Mount Panorama.

Surviving examples are rare treasures and this early 81837 example, clad in Bright Blue Metallic, is a brilliant testament to the Monaro's golden era.

This restored 1968 Holden HK Monaro GTS 327 features:

 

  • Chevrolet 327 V8 Engine – ‘Tonawanda built’
  • Saginaw 4 Speed Gearbox
  • Positraction 10 Bolt Differential
  • Bright Blue Metallic - Code 587-1764
  • Black Vinyl Interior – Code 10X
  • Type 1 ‘Bathurst’ example

 

A Legend Reborn

This HK Monaro GTS 327 — a Type 1 variant known for its more potent engine — has undergone a ground-up restoration.

For those who know their Monaros, the Type 1 Bathurst model is distinguished by its higher-output 'Tonawanda - New York' built Chevrolet 327-cubic inch V8, the heart of this beast that helped Holden secure its motorsport credentials on the tarmac of Bathurst.

The restoration process didn’t stop at looks; majority of the mechanical aspect has been reconditioned, ensuring that the powertrain, suspension, and braking systems perform like they did in 1968.

 

Chevrolet 327 V8 built to win

Turn the ignition key, and the rumble of the 327-cubic inch Chevrolet V8 brings an instant surge of nostalgia. This isn’t just any 327 — the Type 1’s engine was the original Bathurst weapon, producing a robust 250 horsepower & huge 440 Nn of Torque.

Paired with the Saginaw 4-speed Close Ratio manual transmission and a Positraction 10 Bolt limited-slip differential, this setup ensured that power was delivered with precision for the time to the rear wheels, helping the GTS maintain its composure while attacking corners or barreling down Conrod straight.

 

Eye-Catching Presence

This Monaro’s exterior is a vision of Bright Blue Metallic (matching code 587-1764), a color that captures the spirit of late-1960s optimism. In the sunlight, the metallic flakes catch the light, giving the coupe a stunning shimmer that complements the GTS's sleek body lines and aggressive stance.

The trademark black striping and chrome detailing add to its allure, making it unmistakable on the road.

The GTS badging and distinctive grille give this Monaro the assertive look it wore when it first left the showroom floor.

 

Luxurious Simplicity

Step inside, and the 1153-10X black interior is a time capsule of late-60s automotive design. The bucket seats, reupholstered in period-correct materials, offer both support and style.

The woodgrain-accented dash, iconic GTS gauges, and factory-correct steering wheel transport you back to an era when driving was visceral, and every shift of the gearstick connected you to the road.

Attention to detail is evident in every stitch and trim piece, highlighting the care and dedication poured into the restoration.

 

A Piece of Australian History

This nicely restored 1968 Holden HK Monaro GTS 327 Type 1 is more than just a car — it’s a piece of motorsport history and Australian culture, that is respected by all.

The Type 1 Bathurst model represents Holden’s first big leap into the world of V8-powered performance cars and set the stage for decades of muscle car dominance. Its success at Bathurst in the late 60s turned the Monaro into a household name and cemented its legacy as an Aussie icon.

Today, seeing one in such terrific condition is a rare privilege. Whether roaring down the highway or sitting proudly on display, this Monaro is a reminder of a time when Australian cars could conquer the world.

This Bright Blue beauty, with its heart of a racer and soul of a classic, stands as a shining tribute to Holden’s golden age — an age of speed, style, and the thrill of the open road.

 

Auction Details

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About Chicane Auctions

Based in Melbourne, Chicane Auctions specialise in Collector, Performance & Rare Cars. With an experienced background, Chicane are passionate in exceptional collector cars. Their reputation for truthfully presenting unique and iconic vehicles, ensures every auction creates opportunities for collectors worldwide.

 

Unique to the industry, Chicane Auctions do not charge Sellers a single cent to auction their cars!