Verified Listing
Posted on November 10, 2017 / 787
Price : R5,000,000
Listing Type : Other Education
Location : Johannesburg
Ref. No : 2344
Turnover : R345 000
Expenses : R235 500
Net Profit : R109 500
Asset Value : R840 000

The owner of this well-located property on the West Rand has decided that they would like to retire to the coast.

The property and buildings have served the community well for the past 38 years – first as a nursery school then as a leading Christian School. It comprises 7 large fully equipped learning centres (two of which have folding doors between them that can be opened to create a large hall), 1 large computer centre, a reception area as well as two large offices for the admin staff and teachers.

It comes with a fully equipped kitchen, complete play area with a sand pit for the younger kids, as well as a large play area under artificial turf for the bigger kids to play netball, softball and soccer. In addition to the afore, there is large cellar that is currently used to store all the sport and outside equipment.

This property covers some 3 200 sq. metres and has many beautiful leafy trees that complement the landscape.
As the property is in a prime position in an upmarket West Rand suburb in a safe area but close to a number of main arterials as well as in close proximity to a number of other upmarket suburbs like Fairland, Constantia Park, Panorama.

The seller is selling the property and buildings (these premises have an educational zoning, is registered with the Department of Education as an educational centre) for R5 million and the school’s assets for R1 million.

This offers a potential buyer and/or entrepreneur many options for example:
– Continue to operate as a school
– Become a nursery school again
– Become a dwelling on large grounds
– A shelter for kids
– Offer an after school centre
– Operate as a party venue
– Offices for a small business
– Etc. (the opportunities are quite endless).

Steve Van Rensburg – Roodepoort