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Off Market

10E/126 The Terrace

Wellington Central Wellington

2
1
50 m²
Apartment
Rick StevensRick Stevens, last sold this property on 09 February 2026 after 461 days on market.

Overview

It is time to name your price!

The convenience, functionality and earning capacity of this 2 bedroom City Apartment is attracting plenty of buyer interest. However, the seller is aware that the building-wide windows renewal project quote has cast a shadow on the sale value of this property and is now more determined than ever to do what it takes to get it sold. The seller is ignoring all previous indicators of price, ignore the C.V. of $315,000, ignore the Core Logic medium price indication of $335,000 and let the market decide. That’s right, forget the C.V., forget what the algorithms say, forget what you may have been told about price and make an offer you are comfortable with to own this apartment. Take advantage of this huge opportunity, put your buyers hat on and get moving. Consider these features: • Two big bedrooms, on either side of the apartment, giving a good degree of privacy. • On the 10th floor, you are above the bustle of the street, facing west over Kelburn with sun all afternoon. • A well thought out kitchen, making maximum use of the space and including an electric hob and oven, dishwasher and rangehood and washing machine, with space for a refrigerator. • The bathroom includes a shower, toilet and vanity. • Literally less than 5 minutes walk to central Lambton Quay and another 5 minutes to the Waterfront. • Victoria University is 15 minutes up the road. • Public transport at the door meaning you can hide the car for almost ever. • Healthy Homes Certificate available. • WCC Earthquake compliance certificate available (The building is not on the WCC list of prone buildings) Currently rented until April 2026 thereby providing a steady income stream for a new owner. Viewing by appointment, Call or text Rick on 0274891947 or email rick.stevens@tallpoppy.co.nz.•

Features

2 bedrooms
1 bathroom
50 m² floor area
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Wellington Central over the last 12 months, the estimated median property value of 10E/126 The Terrace is $750k.

Median value
$750k
Estimated value range
$130k - $1.25m
Median days on market
62
Estimated value trend
5%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Wellington Central. 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 10E/126 The Terrace

2026
Sold
09 Feb 2026 by Rick Stevens, of Tall Poppy Real Estate - Wellington Region
2019
Sold
$320,000
13 Jun 2019 by Colin Rooney, of Bayleys Wellington Residential

Happy sellers in Wellington Central

60%
60% of sellers in Wellington Central reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 15 reviews in Wellington Central over the last 12 months.

Local market activity for 2 bedroom apartments in Wellington Central

In the last 12 months, 6 two-bedroom apartments similar to 10E/126 The Terrace, have been sold.

This represents a 250% decrease in two-bedroom apartments sales when compared to the previous 12 months.

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