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Back 10/125 Thorndon Quay
Off Market

10/125 Thorndon Quay

Pipitea Wellington

2
1
1
110 m²
Apartment
Last sold for $470,000
Mat BaxterMat Baxter, last sold this property on 24 September 2026 after 51 days on market.

Overview

CASHFLOW, CONVENIENCE & CITY LIVING

Whether you're looking to secure your first home, add to your investment portfolio, or enjoy the convenience of city-fringe living, this well-presented corner apartment offers an exceptional opportunity. Delivering proven rental performance while also providing a comfortable and convenient home base, this property combines smart upgrades, modern comforts, and a sought-after Pipitea location. Features include: - Light-filled corner apartment with fantastic wraparound windows and a spacious open-plan living area featuring exposed steel rafters - Two generous bedrooms, including a master with its own private balcony - Well-appointed bathroom with space for both a washing machine and dryer - Heat pump for year-round comfort and partial double glazing, including a recently installed double-glazed balcony door - Extensive upgrades completed during the current ownership, including fresh paint, new light fittings, induction cooktop, dishwasher, hot water cylinder, bathroom vanity, shower plumbing, kitchen plumbing, washer and dryer - Warm, sunny and surprisingly private within a quiet building, with elevated views and a front-row seat to Wellington's annual fireworks display - Exceptional Pipitea location with the bus stop at the doorstep, Wellington Railway Station just moments away, and easy walking access to the CBD, Parliament, the waterfront, supermarkets, cafés, schools and recreational facilities - One secure covered car park completes the package - Body corporate levy: $12,887.74 per annum - Buyer Enquiry Over $475,000 Perfect for first home buyers wanting to step onto the property ladder, professionals seeking a convenient city base, or investors looking for a well-performing asset, this apartment offers flexibility for a range of buyers. With established rental income, quality improvements, and a location that continues to attract long-term tenants, this is an opportunity not to be missed. Call Aaron Nation on 027 555 5881 or Mat Baxter on 022 564 7691 for a private viewing or come to the next scheduled open home! Information displayed under Trade Me’s property details section may be sourced from third-party records and council data. Lowe & Co Realty and its agents do not guarantee or warrant its accuracy. Purchasers should verify all details independently and are advised to seek independent advice. Source of information: Property Guru, Nexus, Wellington City Council (non-verified).

Features

2 bedrooms
1 bathroom
1 carspace
1 garage space
110 m² floor area
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Pipitea over the last 12 months, the estimated median property value of 10/125 Thorndon Quay is $470k.

Median value
$470k
Estimated value range
$380k - $535k
Median days on market
141
Estimated value trend
-10%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Pipitea. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 10/125 Thorndon Quay

2026
Sold
$470,000
24 Sep 2026 by Mat Baxter, of Lowe & Co Realty (AndCo Realty Limited)

Happy sellers in Pipitea

58%
58% of sellers in Pipitea reported that their sale price either exceeded or met their price expectations.

Pipitea stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 7 reviews in Pipitea over the last 12 months.

Local market activity for 2 bedroom apartments in Pipitea

In the last 12 months, 3 two-bedroom apartments similar to 10/125 Thorndon Quay, have been sold.

This represents a 25% increase in two-bedroom apartments sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Pipitea

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Mat Baxter

Sellers who recommend Mat Baxter have praised them for being clear communication, local expert, responsive, friendly, pleasant, supportive and well-prepared

  •   5   (133 reviews)
  •  4 Reviews in Pipitea
  •  2 Sales in Pipitea
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Aaron Nation

Sellers who recommend Aaron Nation have praised them for being clear communication, local expert, friendly, well-prepared and supportive

  •   5   (30 reviews)
  •  2 Reviews in Pipitea
  •  1 Sale in Pipitea
View profile
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Erin Rush

Sellers who recommend Erin Rush have praised them for being local expert, clear communication, responsive, hard-working, reliable, supportive and dedicated

  •   4.9   (145 reviews)
  •  2 Reviews in Pipitea
  •  1 Sale in Pipitea
View profile
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Mitchell Sedgwick

Mitchell Sedgwick is a recommended agent for Pipitea.  They have collected 2 local reviews across the last 12 months.

  •   5   (19 reviews)
  •  2 Reviews in Pipitea
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