Back 28 Coral Cres
Off Market

28 Coral Cres

Panmure Auckland

3
1
3
903 m²
House
Steve HoodSteve Hood, last sold this property on 19 March 2026 after 23 days on market.

Overview

Invest, Develop, Hold

Auction: 34 Shortland Street, City on Wednesday 18 March 2026 at 10:00AM (unless sold prior) • 3 bedrooms, open plan living • Flat, freehold site • THAB Zoning • Close to major transport links Set on a substantial 903sqm freehold title, this 1950s ex-state home presents a clear value proposition for those with foresight and a firm grasp of opportunity. Currently configured as three bedrooms with open plan living and dining, a separate kitchen, laundry and single bathroom, the home is comfortable and entirely liveable as it stands. With garaging, additional off-street parking, and a wide, level rear garden, this home sits on a quiet street in a setting that reflects the era in which it was built. The underlying driver here, however, is the zoning. The property is located within the Residential Terrace Housing and Apartment Building Zone (unchanged under proposed Plan Change 120). Any redevelopment potential is subject to Auckland Council rules, site-specific constraints and resource consent approval. Buyers are advised to seek independent planning advice. The flat contour strengthens the development case and simplifies future planning considerations. For those who understand the planning framework, this is a landholding with options. Coral Crescent is a quiet residential address in an area seeing consistent renewal. With easy access to both Panmure and Glen Innes town centres, rail and bus links are close at hand. Schooling is well covered, including Tamaki School, Tamaki College and Baradene College. The value here sits predominantly in the land and its zoning - this will resonate with developers and long-term investors who recognise strategic buying when they see it. Alternatively refurbish or rebuild for your own family and hold with confidence for the years ahead.

Features

3 bedrooms
1 bathroom
3 carspaces
2 open car spaces
1 garage space
903 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Panmure over the last 12 months, the estimated median property value of 28 Coral Cres is $890k.

Median value
$890k
Estimated value range
$516k - $1.85m
Median days on market
27
Estimated value trend
-9%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Panmure. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 28 Coral Cres

2026
Sold
19 Mar 2026 by Steve Hood, of Barfoot & Thompson - Remuera

Happy sellers in Panmure

57%
57% of sellers in Panmure reported that their sale price either exceeded or met their price expectations.

Panmure stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 23 reviews in Panmure over the last 12 months.

Local market activity for 3 bedroom houses in Panmure

In the last 12 months, 25 three-bedroom houses similar to 28 Coral Cres, have been sold.

This represents a 19% decrease in three-bedroom houses sales when compared to the previous 12 months.

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