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Long-Established Private Junior Primary School In Durban For Sale

Durban, KwaZulu - Natal, South Africa
Asking Price:
R4,400,000
Sales Revenue:
R1.5M - R3M
Cash Flow:
R500K - R1.5M

This is one of the oldest private schools centrally located in a Durban coastal suburb and is registered with the Department of Education as an Independent Private School.
The establishment enjoys a very good reputation as one of the leading schools in the area. The school is registered to enrol 107 pre-schoolers and additional learners from Grade R to Grade 7. It is also licensed to offer aftercare services.
The current staff comprises 7 teachers, a secretary and a cleaner.
The school is located on a 1075m² property, including 7 classrooms, 2 offices, toilets, a dining room, a kitchen, a playground and a parking area.
The reason for selling is the owner’s (school principal) retirement.

Property Information

Real Estate:

Lease