563 Ranford Road

Champion Lakes WA 6111

This is probably what you have been waiting for: an opportunity to secure a rural lifestyle in the city, and profit from it too. This property is in a prime location waiting to be zoned for future development. It is within the Perth to Peel 3.5 million spatial plan (see http://www.planning.wa.gov.au/). There is a great potential here for future development as the 2.64 hectares of land (26,400 Sq. M) is capable of future subdivision into more than 42 blocks of land once rezoning takes place. Even at today's price, an investor is likely to make a profit of over two million dollars from the sub-division of the land into smaller blocks of approximately 500 sq. meters (generous allowance is already made for roads and walkways in above projection). So, why not buy, sit on it and wait? Before you knew it, development projects might be happening around you, by which time the value of this land would have appreciated.
Sitting right close to the front of this property is an impressive, huge home with one of the best layouts and plans for a big family. This home really packs a punch when it comes to size and quality. It comes with one of the largest master bedrooms of its kind, a massive en-suite, separate study, and four minor but big sized bedrooms designed to replicate hotel rooms with individual retreat and built-in robes. As you walk through the entrance hall, the size of a bedroom in some homes, you are greeted by a well-designed sunken lounge where your formal visitors would feel at home. The four living areas are set in a functional pattern where people could have conversations in one without interfering with those in the other living areas. Have you seen the entertainment hall? You will be forgiven if you call it a mini-movie theatre. It is one of a kind and can comfortably sit forty people.
Yet, because the house on the property is worth every cent of the asking price, you could either live in it and enjoy it or rent it out. The stables are currently rented and there are plenty of paddocks and sheds as well. All paddocks are fully auto reticulated with two bores serving the property. All paddocks have electric fencing and they interconnect.