Nestled in the heart of Panmure, Auckland, 9 Coral Crescent is a charming 3-bedroom family home set on a spacious 842m² section with a Freehold title. Constructed in 1950, this property boasts roughcast walls and a tiled roof, both in average condition. It offers a floor area of 136m² and is complemented by 2 car parks. The capital value has seen a significant increase from $1,120,000 in June 2017 to $1,625,000 as of June 2021, reflecting a growth of 45.09%. The property is situated in a quiet cul-de-sac, providing a serene environment, and is in close proximity to Panmure Basin, parks, train station, and shopping centers.
With a HouGarden AVM of $1,515,000 and a latest sale record of $117,000 in 1993, this property presents a golden opportunity for investors and developers. The recent zoning changes further enhance its potential. For families, the property falls within the decile 9 Baradene College zone and is also served by Tamaki College, Tamaki School, and Panmure Bridge School, all catering to diverse educational needs.
Whether you seek to renovate, develop, or land bank, this property offers endless possibilities. Don't miss out on securing your piece of real estate gold in this rapidly growing suburb!
Updated on May 24, 2024