Exceptional living in the heart of the city
Such is the demand for apartments in Wellington City’s newest and safest development that 85 of the 120 residences already have sold or are under offer. Victoria Lane Apartments, at 161 Victoria St, will set a new standard in downtown living and residential seismic resilience when completed in mid-late 2022.
“What Victoria Lane Apartments offer in terms of not only seismic safety but also design, specification, views and location make it a unique residential environment,” Willis Bond & Co director David McGuinness says.
“The apartments are spacious, light and purpose-designed for living. They are elegant innercity homes where residents can expect to be comfortable for the long term, whilst enjoying the benefits of living in the heart of Wellington city.”
McGuinness says buyers have been quick to recognise Victoria Lane’s unique strengths, from being the first base-isolated apartment building in the capital, which should provide residents insurance benefits as more insurers move toward higher risk-based pricing, to its combination of interior design, quality construction, sustainability, features and location.
“As well as the seismic and interior design benefits, there is also secure car parking, bike storage, EV charging and extra storage options as well as an on-site resident services manager.
“And we’re targeting a 7 Homestar design rating with features including LED lighting throughout, energy efficient appliances, smart energy metering and double-glazing.”
McGuinness says while initial sales have exceeded expectations, buyers can still choose from a wide range of spacious one-bedroom apartments, terrace apartments with more than 40 square metres of outdoor living, and larger two and three-bedroom apartments, many with the flexibility of a spare room.
They are priced from $685,000 for one bedroom, $835,000 for two bedrooms, and $1.325 million for three bedrooms.
All apartments will have 2.6-metre high ceilings in the well-proportioned living areas and main bedrooms, stylish kitchens with Bosch appliances, and expansive frontages to maximise light and the wide range of panoramic views of the city, harbour and surrounding hills.
Victoria Lane Apartments is part of a wider Cuba Precinct development that will include a new pedestrian laneway with shops and cafes.
It will be bounded by Victoria, Dixon and Cuba Sts, where residents can enjoy easy access to the CBD, entertainment precincts, the waterfront, and Victoria and Massey universities. While the building’s seismic superiority was crucial to a Brooklyn couple buying a Victoria Lane apartment, it was “the complete package” that appealed.
“The base isolation and Willis Bond’s reputation for build quality gave us the confidence to buy,” they say. “But we were also drawn to the fun and excitement of living in the centre of the city, where we could enjoy sun and sea views, and the convenience of being able to walk everywhere and have a smaller environmental footprint.”