52 ALLEN ROAD IS 10.65 HECTARES OR 26.3 ACRES SITUATED ON THE OUTSKIRTS OF GRACEMERE. IT IS ZONED EMERGING COMMUNITY, SO HAS SUB DIVISION POTENTIAL (SUBJECT TO COUNCIL APPROVAL) AS IT IS NEXT DOOR TO MAJOR HOUSING DEVELOPMENT. IT HAS BEEN PREVIOUSLY USED AS A GRAVEL PIT SO IT WILL NEED SOME EARTHWORKS TO UTILISE THE WHOLE AREA. IT HAS A LARGE LOCK UP MACHINERY SHED AND A PRIME LOCATION FOR A HOME. 52 ALLEN ROAD HAS HUGE POTENTIAL FOR CAPTIAL GAIN.