It's really tragic. You can't help but feel for them."
The couple had been heading from Nelson to Thames when the weather turned and they decided to take shelter at the nearest island.
They anchored off Plate Island but the anchor did not hold and they found themselves being pushed towards the rocks.
Mr Beech said the boat was only about 10m from the rocks when the coastguard arrived to rescue them.
Heavy rain and swells of up to 3m meant the coastguard rescue team was unable to hook up to the boat and tow it out from the island so the couple decided to abandon ship.
The woman was highly hypothermic and went into shock as soon as she was aboard the rescue vessel, Mr Beech said. The man was in a better condition but both were taken to hospital to be checked after they returned to shore.
Mr Beech took the couple back out to where their boat was last anchored on Monday only to find it was gone.
"Unfortunately the boat has obviously hit the rocks and sunk," he said. "I think they are very lucky to have got away with their lives after the boat sunk, probably that night. We believe it sunk probably within an hour of picking them up off it."
Mr Beech said the man was an experienced boatie.