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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.

The establishment enjoys a very good reputation as one of the leading schools in the area.

It offers schooling for Grade R to Grade 6, opening Grades 6 and 7 in 2024, and also offers aftercare. The current school capacity is 100 learners.

The current staff comprises 7 teachers, a secretary and a cleaner.

The school is located on a 1075m² size 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. The asking price for the school business is R4.4m.

Property Information

Real Estate:

Lease