For years the wreck has been slowly collapsing under its own weight.
But great news: Efforts are now underway to save the wreck - Huzzah!
On 25 July 2008, Heritage Minister the Hon. Peter Garrett announced $500,000 in Federal funding for the National Trust of Australia as a first step towards stabilising the HMVS Cerberus shipwreck.
The Minister announced the funding during a visit to the wreck, which sits as a breakwater a few hundred metres off the beach at Melbourne's Half Moon Bay, Black Rock.
Work on this project began in 2004 with a Heritage Victoria grant to move 18-tonne guns. The next phase involves building an overhead jacking frame and an underwater supporting platform. This funding will help the National Trust to advance this project.
For further information about HMVS Cerberus visit: www.nattrust.com.au/trust_register/search_the_register/hmvs_cerberus or www.cerberus.com.au