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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 104 Grade R pre-schoolers and additional learners from Grade 1 to Grade 7. It is also licensed to offer aftercare services.
There are currently 74 learners plus 22 in aftercare.
The current staff comprises 6 teachers and a cleaner.
The school is located on a 1075m² property, including 6 classrooms, 2 offices, 8 toilets, a tea area, a playground and a parking areas.
The reason for selling is the owner’s (school principal) retirement.

Property Information

Real Estate:

Lease