Owner of rare Holden offers hefty reward for return of stolen car

Thieves have stolen a rare Holden worth up to a quarter of million dollars.

Its owner, Yanni, has even offered a reward to help get his much loved car back.

Security footage shows three people breaking into the underground carpark of an apartment complex in Arncliffe and towing the Walkinshaw out.

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"I spend all of my life thinking about building a car like this, I finish building and someone's just snatched it out of my hands," 39-year-old Yanni told A Current Affair.

Yanni had spent five years building the iconic car and had only driven it once.

The Walkinshaw didn't even have a battery in it and was always covered.

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Yanni, who collects cars, described the Walkinshaw as "a beauty - perfect in every angle" and he said it was "cruel" of the thieves to drag it onto the street with a rope.

"The average person wouldn't know what the car is and wouldn't know what it's worth. They probably just think it's an old grandpa's Holden, sitting in a basement doing nothing," he said.

"It's definitely a Holden motorsport, iconic car. They made 750 of them, how many of the 750 are left? Nobody actually knows."

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Yanni is even stumping up a reward for the car's safe return as police try to find it.

"The reward is up to $20,000 depending on how the car is found," he said.

The last time a Walkinshaw sold at auction in Australia, it fetched close to $250,000.

For those with information, call Crimestoppers on 1800 333 000.