I don't know for sure but I think that may be a fish box. I'm not that familiar with that year model though. In the older ones the two hatches were separate compartments for fish and ice or whatever you want to put there. Unless they are water tight I would doubt they'd be intended for storage of anything you want to keep dry. However they'd work well for stowing bumpers, dock lines, etc.
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1994 Wellcraft V21
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