106/61 Thorndon Quay Pipitea, Wellington City

Our overseas vendor wants this sold. This neat Quest studio apartment on Thorndon Quay is your chance to buy an entry level investment property where you don't need to find a tenant, and you get paid every month.

Managed by the reputable Quest hotel chain, the property is meticulously maintained to attract executive clientele, where the hotel stakes their reputation on the presentation and maintenance of the building.

A steady income earner for the current owner, with rights of renewal that come with steady rent increases to keep pace with the market, they are only selling as being based overseas adds complications that make this difficult to keep in their portfolio.

• Spacious studio apartment
• Private ensuite bathroom
• Fully fitted and furnished
• Maintained to an exceptional standard
• Consistent monthly income of $1,842.76 - ($22,113.12 pa)
• Body corporate levy $7225.20 pa
• Council rates $1,169.25 (as per June 2026 LIM)
• No tenants to manage, no rent to chase

The owners have committed to selling at auction and need this sold to be able to settle permanently overseas.
Viewing strictly by appointment to adhere to the Hotel operations.

For sale by Auction on 24 July 2026 at Level 1, 77 Thorndon Quay, Pipitea.