Wharenui Apartments has a prime Oriental Bay location, within walking distance to the city, on two convenient bus routes to both the city’s eastern and western suburbs, and with easy parking for residents and guests.
All apartments have views and all-day sun on three sides, with extensive vistas of Wellington harbour. While the building is set back from the bustle of Oriental Parade on a summer’s day, access to the promenade and beach is so easy.
Wharenui owners enjoy some major benefits compared to other apartments:
- A gas-fired boiler provides central heating via radiators throughout each apartment ensuring warmth in the Wellington winter.
- The live-in building superintendent attends to any maintenance issues and liaises with trades people and couriers.
- The building has good security by design, with card-entry and door phone for visitors at the main entrance.
- The building is cabled with ultra-fast broadband fibre (UFB) for fast Internet access.
The size of apartments ranges from 85m2 to 120m2, with a mix of 1, 2 and 3 bedrooms.
Designed by the Structon Group – a leading architectural firm, Wharenui Apartments was constructed with reinforced concrete. The building has a recent engineering assessment by Beca and is recognised by the Wellington City Council as not being earthquake prone.
The property ownership structure of Wharenui Apartments is company share title, like many other apartments prior to the Unit Titles Act. This means that each apartment owner has shares in the company that owns the building and the land rather than direct ownership. Company share provides a licence to occupy the property.
The company share scheme also has a set of rules for residents. While that brings some constraints, such as a restriction on subletting, it also brings the benefit that shareholders together can choose how the building should operate.