19 Falcon Street, Parnell, Auckland

Parnell Standalone - Occupy, Invest or Develop

- Freehold property with dual street frontage
- Two tenants provide holding income of $64,000 +GST p.a. (part gross)
- Underdeveloped 'mixed use' site with 27m height allowance
- Tightly held location moments from Parnell Road and the train station
- Options for owner occupiers, add value investors and developers

19 Falcon Street presents an array of opportunity. The property offers two separate tenancies, each with their own street address and provides options to either occupy, invest or both. Its underlying zoning allows for a wide range of potential uses as well as development up to 27 metres which will appeal to developers.

Positioned one block from Parnell Road and opposite the Parnell Train Station this lively location is rich with amenity and has seen significant residential and commercial development of late.

Opportunities in this location are becoming increasingly scarce. Call us today to arrange your inspection.