Back 503/123 Taranaki Street
Off Market

503/123 Taranaki Street

Te Aro Wellington

2
2
Apartment
Ryan HopkinsRyan Hopkins, last sold this property on 26 March 2026 after 160 days on market.

Overview

The vendor's instructions are crystal clear - this property MUST be sold. Two Dwellings Under one Title - Don't miss your chance to secure a premium Dual-Key apartment in the Ramada Apartment Hotel Complex, right in the heart of Wellington's vibrant city centre. The Facts: • Urgent sale - vendor needs this gone! • Modern construction - purpose-built in 2021 with 100% NBS rating • Contemporary design with quality fixtures and fittings throughout • Light-filled open-plan living with floor-to-ceiling double-glazed windows • Air-handling unit for year-round comfort - warm in winter, cool in summer • North-facing with beautiful city views • Two potential income streams on one title • Seven-day-a-week manned reception providing peace of mind and added security • Three privately owned residential floors separate from the hotel - no short-term guests running through your space Body Corporate Fees - $12,508.99 Council Rates $4032 Located within walking distance to Victoria University, Cuba Stree

Features

2 bedrooms
2 bathrooms
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Te Aro over the last 12 months, the estimated median property value of 503/123 Taranaki Street is $552.5k.

Median value
$552.5k
Estimated value range
$140k - $1.68m
Median days on market
72
Estimated value trend
-24%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Te Aro. 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 503/123 Taranaki Street

2026
Sold
Undisclosed
26 Mar 2026 by Ryan Hopkins, of Harcourts Wellington City (Team Group Realty Ltd)

Happy sellers in Te Aro

64%
64% of sellers in Te Aro reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 63 reviews in Te Aro over the last 12 months.

Local market activity for 2 bedroom apartments in Te Aro

In the last 12 months, 33 two-bedroom apartments similar to 503/123 Taranaki Street, have been sold.

This represents a 100% decrease in two-bedroom apartments sales when compared to the previous 12 months.

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