RateMyAgentGo to search
Back U2/123 The Parade
Off Market

U2/123 The Parade

Island Bay Wellington

3
2
1
145 m²
Townhouse
Last sold for $811,265
Socheata TepSocheata Tep, last sold this property on 02 March 2026 after -127 days on market.

Overview

MODERN & MAGNIFICENT ON THE PARADE

This large and contemporary townhouse sits in the heart of Island Bay, with shops, cafés and the supermarket just moments from your doorstep, plus the beach only a short stroll away. Featuring three bedrooms, two bathrooms and undercover parking at your front door, this home delivers effortless living in an unbeatable location. Features include: - 145 sqm^ floor area with 3 bedrooms and 2 bathrooms - Refreshed modern kitchen opening to a sunny, spacious deck - Ground-floor bedroom with ensuite and courtyard garden - Open-plan lounge and dining on the middle level - Two bedrooms and a family bathroom on the top floor - Built in 2010 with double glazing and a kitchen update circa 2020 - Freehold Unit Title with annual Body Corp fee of $9,005 If your heart is set on Island Bay, you won't find a more central spot than this. This quiet home is set back slightly from the hustle and bustle of the area, but is still only a few dozen steps away from so many handy amenities. ^Source of information: Property Guru, Nexus, Wellington City Council (non-verified).

Features

3 bedrooms
2 bathrooms
1 carspace
1 carport space
145 m² floor area
Townhouse

Estimated Value

Based on this property and similar 3 bedroom townhouses sold in Island Bay over the last 12 months, the estimated median property value of U2/123 The Parade is $949k.

Median value
$949k
Estimated value range
$811.26k - $1.25m
Median days on market
31
Estimated value trend
-12%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Island Bay. 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 U2/123 The Parade

2026
Sold
$811,265
02 Mar 2026 by Socheata Tep, of Lowe & Co Realty (AndCo Realty Limited)

Happy sellers in Island Bay

65%
65% of sellers in Island Bay reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 59 reviews in Island Bay over the last 12 months.

Local market activity for 3 bedroom townhouses in Island Bay

In the last 12 months, 11 three-bedroom townhouses similar to U2/123 The Parade, have been sold.

This represents a 500% decrease in three-bedroom townhouses 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 Island Bay

placeholder
Chris Robinson

Sellers who recommend Chris Robinson have praised them for being clear communication and local expert

  •   4.9   (44 reviews)
  •  21 Reviews in Island Bay
  •  28 Sales in Island Bay
View profile
placeholder
Will Cummings

Sellers who recommend Will Cummings have praised them for being clear communication and local expert

  •   4.9   (44 reviews)
  •  20 Reviews in Island Bay
  •  1 Sale in Island Bay
View profile
placeholder
Jason Lange

Sellers who recommend Jason Lange have praised them for being clear communication and local expert

  •   5   (26 reviews)
  •  7 Reviews in Island Bay
  •  5 Sales in Island Bay
View profile
placeholder
Edmund Chrisp

Sellers who recommend Edmund Chrisp have praised them for being local expert, clear communication, supportive, honest and responsive

  •   4.9   (29 reviews)
  •  4 Reviews in Island Bay
  •  3 Sales in Island Bay
View profile
or
Skip the list and find your ideal agent to sell your propertyFind My Agent
RateMyAgent
Quick Links
© 2026 RateMyAgent
Privacy PolicyTerms & ConditionsSitemap