1/144 Kolmar Road, Papatoetoe, Auckland City, Auckland

1/144 Kolmar Rd is a solidly built weatherboard and tile classic family home that was converted into two, two bedroom flats some years ago. Both flats are currently tenanted with reliable tenants returning more than $52000 per year. Both tenants are keen to stay. If you were looking for an easy investment with good stable returns, this could be the one for you,

In need of some refurbishment, this property could easily be returned to its former glory as a solid mid century family home

Nestled on a ½ share of 1472sqm there is plenty of parking and room for the kids to play

If you're a developer looking for a future development site, 142 & 2/144 Kolmar Road are also for sale. Buy all 3 and you'll have a massive 2284sqm available for future development of a large complex (with Council Approval)