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ID#590208
11D/126 The Terrace,
The Terrace
Wellington Central
cASH PRICE $165,000*
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proudly marketed by
Debbie Bane
Ray White Wellington City
$165,000* -why so cheap you ask?
*Conditions Apply
Normally at this price range you are looking at original condition, small studio apartment with no separate bedroom, this apartment offers a separate bedroom and has been refreshed. So why so cheap? The reason, banks are stricter on lending on apartments less than 40sqm PLUS there is background to the building you need to be aware of, with a remediation project pending including but not limited to window replacement, this will be at the cost to the new owner. Positively, it does not need earthquake strengthening under current legislation.
Stylishly refreshed, painted and with brand new carpet, kitchen and bathroom flooring, window dressings plus a new vanity and toilet. It's an ideal base for professionals, first-home buyers, or investors looking for a low-maintenance property in the heart of the CBD and yes you can use it for short-term accommodation such as AirBnB!
What you will love about 11D/126 The Terrace:
• Sleek, tidy, and ready to move in
• Low-maintenance layout featuring a double bedroom with built-in wardrobe, open-plan kitchen & living area
• Superb city location - moments from work, study, or the vibrant lifestyle of Wellington CBD
• 126 The Terrace has a City Stop Store below for your convenience and your local supermarket is not far away on Lambton Quay
• Step outside and you're right on The Terrace, with quick access to the Golden Mile of shopping, the waterfront, supermarkets, restaurants, and bars
• Currently rented at $400/week fixed to 22nd November 2025
• Can be used as short-term accommodation (AirBnB)**
Whether you're after a bolt-hole in the city, a tidy investment, or your very first home, this "Terrace Tower" apartment is ready for its new owner. Contact me today for viewing times!
*Cash Price $165,000 - conditions apply
For a property summary info sheet please complete the email form
**refer to the body corporate rules
Location
Agent
Debbie Bane
Ray White Wellington City
Licensed Real Estate Salesperson (REAA 2008), Member of the REINZ
Your Home | My Priority
When you list your property for sale with Debbie Bane you can be assured of her commitment to obtaining the best outcome for you. Currently ranked in the Top 2% for customer service for Ray White New Zealand and Australia and in the Top 10 Sales Commission for the Ray White Wellington Region, Debbie works hard for all of her clients.
From the onset you will receive superior service; a comprehensive appraisal, detailed plan of action and communication throughout the marketing campaign to keep you informed every step of the way right through to settlement.
With many repeat clients in a real estate career spanning over 20 years Debbie’s clients can testify to an honest work ethic, professional manner and results that consistently exceed her client’s expectations.
From the time Debbie appraises your property right through to settlement she is on your side, working hard to get the best result for you.
Purchasers have often commented on Debbie’s professional service, quick responses to queries and the ease of being provided with an information pack on properties. As a Vendor it is important for you to know that the potential purchaser of your property is also being provided with great customer care.
Debbie has sold properties all across Wellington from Miramar, Island Bay, Karori right through to Johnsonville. Based in the Wellington City Office backed by a fabulous administration team and a pro-active, supportive management team.
read moreThis property was photographed by
David Garratt
Media Specialist
Wellington Central/North
ID#590208
11D/126 The Terrace,
The Terrace
Wellington Central
cASH PRICE $165,000*
proudly marketed by
Debbie Bane
Ray White Wellington City