116 Kolmar Road, Papatoetoe, Auckland

116 Kolmar Road, Papatoetoe, Auckland 3 SOURCES OF INCOME ON 930SQM+???

INVEST // NEST // RENOVATE - POTENTIAL TO DEVELOP(Subject to Council Approval)

Discover the potential of this exceptional freehold property, offering three distinct income streams!

Main Home: Situated at the back of the section, the main home boasts

• A grand open-plan layout seamlessly connecting the kitchen, living, and dining areas

• 4 spacious bedrooms

• 2.5 bathrooms

• Fully fenced in yard for security & privacy

- Double garage

PLUS

Rental Opportunity: Positioned at the front of the property is a second home with two seperate access:

• Dwelling One: 2 bedrooms, 1 bathroom, and a full kitchen with open plan living & dining, currently rented for $540 p/w

• Dwelling Two: 1 bedroom, 1 bathroom, and a kitchenette with open plan living & dining, currently rented for $380 p/w

Prime Location: Close to local amenities including Sikh Temple & Mandir & zoned for Papatoetoe Central School, Papatoetoe Intermediate, and Papatoetoe High School

This property is the perfect addition to your investment portfolio, offering versatility and potential for further development (subject to council approval). Don't miss out on this unique opportunity!

For more information on this property or if you would like to schedule a private viewing contact Team Gabriel today.

Gabriel Elkhishin 022 179 5054

Rafsan Hasan 022 169 2941

PLEASE NOTE: Specified floor and land area sizes have been obtained from sources such as RPNZ or Auckland Council (LIM) documents. They have not been measured by the Salesperson or City South Investments 2019 Ltd. We recommend you seek your own independent legal advice if these sizes are material to your purchasing decision.