Back to Wellington, New Zealand

3/2 Newman Terrace, Thorndon, Wellington City, Wellington

Wellington, New Zealand

Guide Price

$229,100

395,000 NZD

PROPERTY TYPE

Condo

BEDROOMS

2

BATHROOMS

1

3/2 Newman Terrace, Thorndon, Wellington City, Wellington - Photo 2
3/2 Newman Terrace, Thorndon, Wellington City, Wellington - Photo 3
1/13

Description

Buyer's budget from $445,000 74% NBS Levies $1,156.38 per month including WCC rates, insurance and maintenance. This spacious two-bedroom apartment in the well-regarded Newman Court company-share* building is located on the first floor so it's super convenient, plus it still provides a lovely glimpse of the harbour. Open plan kitchen, dining and living gives you great morning sun and it's especially light and bright throughout. The kitchen is well-equipped with dish-drawers, a modern cooktop, oven and rangehood and with a heat pump in the lounge, plus secondary glazing throughout the apartment, you'll be warm and cosy during the winter. The bathroom -which incorporates the laundry - is also nicely refurbished and both bedrooms are doubles. A super-sized, secure storage room on the ground level means you'll easily be able to keep your bikes, tools and toys safe and dry, and a covered, dedicated carpark is an absolute boon. Easy access on to the motorway north or south, or walk to the parliamentary precinct and CBD, to the historic Thorndon Village and you're close to the parks, schools and public transport links. We'd love to show you through - call me to arrange a private viewing. *Kiwisaver is rarely able to be used for company share titles. Please check with your provider. As per building rules - no renting (a flatmate is fine) and no pets.

Location

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Living in Wellington

New Zealand's compact capital, dubbed 'the coolest little capital in the world' by Lonely Planet, with a vibrant arts and cafe culture that punches well above its weight. The CBD is fully walkable and public transit usage is the highest in NZ, but prepare for relentless wind -- it's literally the windiest city in the world. Locals are genuinely friendly and the expat community integrates easily, though the cost of living is high for its size.

Morning surf before work, weekends tramping through Lord-of-the-Rings landscapes, and a laid-back culture where shoes are optional and nature is never more than ten minutes away.

Visa

Skilled Migrant Category Resident Visa — points-based system requiring a skilled job offer in NZ. New pathways opening August 2026 for trades workers and those with 5+ years experience. Accredited Employer Work Visa is the faster route if you already have a job offer.

Learn more: The Complete Guide to Moving to New Zealand

Key Fact

NZ has strict biosecurity laws — importing food, plants, or outdoor gear can result in heavy fines. The work-life balance is exceptional, but the job market is small and remote from everywhere.

Learn more: What You Need to Know Before Moving Abroad
See all New Zealand listings

New Zealand at a glance

How New Zealand scores for American expats

💰Cost of Living
Expensive
🛡️Safety
Very safe
🗣️English Spoken
Widely
🏥Healthcare
Excellent
🌬️Air Quality
Clean
📶Internet
Moderate
🚶Walkability
Moderate
🚇Transit
Limited

Cost of buying in New Zealand

Estimated fees and ongoing costs for this property

Closing Costs

3-5% of purchase price

  • ·No stamp duty
  • ·Legal/conveyancing: NZ$1,500-3,000
  • ·Building inspection: NZ$500-800
  • ·LIM report: NZ$300-400

Annual Costs

Property Tax

0.3-1.5% of government valuation (varies by council)

Insurance

NZ$1,500-3,000/yr

HOA / Condo Fees

NZ$300-600/mo for apartments (body corporate)

Good to Know

Agent Fees

Seller pays (2.5-4%)

Foreign Buyer Note

Foreign buyers BANNED from existing homes (2018 ban). Can only buy new-build apartments in large developments.

Legal help in New Zealand

Hire your own attorney — not the seller's. We'll match you with a vetted local lawyer.

Need a local attorney in New Zealand?

We'll connect you with an independent, English-speaking real estate attorney experienced with foreign buyers. Not the seller's lawyer — yours.

Contact Agent

Erin Rush - Team Group Realty Ltd (Licensed: REAA 2008)- Harcourts Wellington City

Next steps for moving to New Zealand

Interested in this property? Here's how to move forward.

1

Understand the buying rules

Foreign ownership laws vary wildly by country. Some welcome you, others restrict or ban foreign buyers entirely.

2

Sort out your visa

Owning property doesn't give you the right to live there. Research residency options before you buy.

3

Plan your finances

Understand currency risk, international wire transfers, and whether you can get a local mortgage.

4

Know your tax obligations

US citizens are taxed on worldwide income. You'll need to file US taxes from abroad and may owe local taxes too.

5

Set up healthcare

Medicare doesn't cover you overseas. You'll need international health insurance or a local plan.

6

Run the full checklist

Banking, mail forwarding, power of attorney, pet import rules — the complete pre-move checklist.

Source

realestate.co.nz

Portal listings

Currency

NZD