Back 8/179 The Terrace
Off Market

8/179 The Terrace

Wellington Central Wellington

2
1
55 m²
Apartment
Last sold for $240,000
Patrick CooneyPatrick Cooney, last sold this property on 27 August 2026 after 45 days on market.

Overview

EXCEPTIONAL VALUE

Exceptional value for a two-bedroom apartment. Positioned for all day sun in a highly desired location on The Terrace means you're walking distance to Vic University, Wellington CBD, Parliament, The Waterfront, the Cuba quarter, while access to the motorway is on your doorstep. This apartment should appeal to professionals, investors or anyone seeking a low-maintenance city base. Modest company share fees enhance affordability, making this an attractive entry into the Wellington market or a practical downsizing option. Vacant and ready for immediate possession - don't miss this one. Some of its many features include: - COMPANY SHARE complex with only 13 apartments - Two bedrooms including master with large built-in wardrobe - Spacious living area, and separate kitchen with excellent storage - North-facing balcony capturing great natural light and wide city views - Washing machine and dryer in bathroom. - Owners permitted to rent (subject to approval) & Healthy Homes Compliant - Secure building with controlled access - NBS rating of 53% Whether it's cafes, theatres, nightlife, or cultural events, you're always within easy reach of the best the city has to offer. To get all the boxes ticked at this level is near impossible - Convenient location, affordable, shared guest parking, and sun! Call Patrick Cooney to find out more.

Features

2 bedrooms
1 bathroom
55 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 8/179 The Terrace is $429k.

Median value
$429k
Estimated value range
$174k - $895k
Median days on market
175
Estimated value trend
-32%
decrease 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 8/179 The Terrace

2026
Sold
$240,000
27 Aug 2026 by Patrick Cooney, of Tommy's Real Estate Wellington City

Happy sellers in Wellington Central

71%
71% 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 13 reviews in Wellington Central over the last 12 months.

Local market activity for 2 bedroom apartments in Wellington Central

In the last 12 months, 7 two-bedroom apartments similar to 8/179 The Terrace, have been sold.

This represents a 33% decrease in two-bedroom apartments sales when compared to the previous 12 months.

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