$165,000* -why so cheap you ask?

*Conditions Apply Normally at this price range you are looking at original condition, small studio apartment with no separate bedroom, this apartment offers a separate bedroom and has been refreshed. So why so cheap? The reason, banks are stricter on lending on apartments less than 40sqm PLUS there is background to the building you need to be aware of, with a remediation project pending including but not limited to window replacement, this will be at the cost to the new owner. Positively, it does not need earthquake strengthening under current legislation. Stylishly refreshed, painted and with brand new carpet, kitchen and bathroom flooring, window dressings plus a new vanity and toilet. It's an ideal base for professionals, first-home buyers, or investors looking for a low-maintenance property in the heart of the CBD and yes you can use it for short-term accommodation such as AirBnB! What you will love about 11D/126 The Terrace: * Sleek and tidy * Low-maintenance layout featuring a double bedroom with built-in wardrobe, open-plan kitchen & living area * Superb city location - moments from work, study, or the vibrant lifestyle of Wellington CBD * 126 The Terrace has a City Stop Store below for your convenience and your local supermarket is not far away on Lambton Quay * Step outside and you're right on The Terrace, with quick access to the Golden Mile of shopping, the waterfront, supermarkets, restaurants, and bars * Currently rented at $400/week fixed to 22nd November 2025 * Can be used as short-term accommodation (AirBnB)** Whether you're after a bolt-hole in the city, a tidy investment, or your very first home, this "Terrace Tower" apartment is ready for its new owner. Contact me today for viewing times! *Cash Price $165,000 - conditions apply For a property summary info sheet please complete the email form **refer to the body corporate rules