There are a number of problems with installed propane systems on boats. One is the issue of propane tank connection/storage. If you just use the small green 1# bottles, it may be OK. (I store mine in the port lazarett which drains overboard. With a larger tank, you have to have it in a sealed locker which drains overboard--(not into the cockpit)
Also in FAQ the seller responds about the propane system you cited:
Please make sure to prevent the water heater from rain and wind.
Several other answers suggest that English is not primary language--bottom line: that it is not waterproof--and that will be a major issue with a boat. Also is the issue of venting the exhaust gas--even outside--if you have a Bimini.
There is a history of these units catching on fire, as well as the bug-a-boo of the mismatched British standard/pipe threads..
I did have a somewhat similar unit which was made in Europe for boats--installed in a 38 footer --with proper venting and properly installed propane system, including sniffer in the bilge, with remote solenoid cut off at the tank--sealed locker, with overboard drain etc. It was larger than this unit--and worked well. But these are not approved to use in the USA...
I believe that there are much safer and better ways of having hot water aboard. I would be looking into a truly instant heating system (Since no one has been able to describe the system which you thought was factory installed--that is most likely the standard 6 gallon water heater which draws 1200 watts.) The web site on the specs for the Venture 23 shows
"Insta-Hot Water" and "water system, hot" as standard on the boat. Also the web site shows 110 V AC system standard--I noted that Wefing's had it as an additional option???? The web site also says "© Fluid Marine LLC" at the bottom, so it may not be accurate. What comes standard on your boat--and what are you getting?
If your boat is in the build process currently--you need to be sure that a 6 gallon water tank not placed into your boat now--if you want to use another system. You need to be communicating with the factory! If I was shelling coin for a new Venture 23, I would want the factory/sales person to correspond with me on every detail....!! If you cannot find out from the factory--then get the salesman who sold you the boat to find out exactly what comes on the boat. I would give some consideration to a simple inverter with 800 watt inverter to run something like the In-Sink-Erator--with the 40 amp alternator on the main engine at full output it will take 2x the time it takes to heat the water, to re-charge the battery--probably 20 minutes to heat the water, and 40 minutes to recharge the battery...
I "T" ed the water system on the Tom Cat to provide a shower on the transom. It worked fine--but I heated the water with the Honda Generator.