I ended up removing the aft-most teak board of the compression post. Ours was screwed and glued, so it's a bit of effort. I removed the teak screw plugs and VERY carefully got the screws out without stripping the heads. Along the glue seam, I used a new, and very sharp, putty knife that was a good balance of sturdy, and thin. Tapping it with a hammer all the way down the length of the post, I worked a very clean separation between the glued boards. I ended up inserting a multi-tool saw (like a Fein/ Dremel/ Rockwell) into this crease to open it further where it was more stubborn. Inside our post was a 3/4" pvc conduit that ran the wiring down to the bilge. If you go to my profile here, there's a few pictures that show it and the "water line" that I discovered, indicating a water ingress issue from the mast and down the wiring.
I ended up running our wiring through the teak block that holds the dining table to the bulkhead and over into the port settee. Some teak molding hides it. On the other hand, do a search in this C-30 forum to find where Old Skool Neil ran his down behind some teak corner trim, inside the shower. Likewise, Twice Around redrilled his deck conduit in a creative manner in order to relocate the wiring and improve its accessibility. I would definitely advise to leave an extra 20' of wire (lighting, vhf, wind sensor, etc) coming from the bottom of your mast, and to locate the interior "junction" point (like a terminal block) somewhere you can troubleshoot from fairly easily.
Rob