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48 Franklin Road, Jandabup, WA 6077
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Property Highlights

  • 1.96 Hectare Site
  • Holding Income
  • Future Development Opportunity

Sterling Property as exclusive selling agents are pleased to present 48 Franklin Road, Jandabup, For Sale by Offers Invited closing Tuesday 5th December 2023

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 grassed, 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.

Remember to mention you found this property on DevelopmentReady

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STEP 01 Finance type
Land Finance
STEP 02 Property address
48 Franklin Road, Jandabup, WA 6077
STEP 03 Contact a finance professional

Map: 48 Franklin Road, Jandabup, WA 6077

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