Sterling Property as exclusive selling agents are pleased to present 48 Franklin Road, Jandabup, For Sale by Offers. The 1.96 hectare site comprises an impressive two-storey 5 bedroom 3 bathroom home including a granny flat overlooking Lake Jandabup, as well as an established Riding School with five irrigated paddocks, training areas, stables and tack room. The property also includes a licensed bore & features extensive security camera coverage across the site. The property is currently leased to Centura Showgrounds North Riding School on a 3-year term plus a further 3-year option generating a holding income, however Buyers may be attracted by the future opportunity to occupy the home and/or Riding School, providing flexibility for the astute investor. The site is zoned Rural Residential under the City of Wanneroo's District Planning Scheme & located within Precinct 13 of the East Wanneroo District Structure Plan, a character area comprising medium density residential development in an attractive public realm orientated to capture views across Lake Jandabup. All enquiries should be directed to the exclusive Selling agents.