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Pre-School Property In Bryanston/Fourways Area For Sale

Douglasdale/Fourways, Gauteng, South Africa
Asking Price:
R2,900,000
Sales Revenue:
Not applicable
Cash Flow:
Not applicable

This property was a pre-school before the seller decided to close the pre-school and move the children to their other schools. There are no children at the school at the moment but there are a number of assets such as jungle gyms, a cycle track, etc. The property measures 1572 sq. meters and is in a prime location in a boomed off area just off Northumberland Avenue.

The consent use for the property is for 128 children. It has 3 large rooms, a well-established play area for the kids, a heated pool (the income is shared with a swim school that uses the facility) as well as a large billboard that has a rental contract already in place and is transferable to the new owner. This billboard is in a prime spot facing Northumberland Avenue.

At the asking price of R2,900,000.00 for the property in an upmarket suburb of Douglasdale/Fourways, presents a golden opportunity for a potential buyer to start their own pre-school.

Property Information

Real Estate:

Real Property Included

Location:

Douglasdale/Fourways

Premises Details:

The property measures 1572 sq. meters

Size in square feet:
1572 sq. meters
Planning Consent:

Yes

Business Operation

Expansion Potential:

Yes

Competition / Market:

Yes

Reasons for selling:

The owner does no longer require the property for a school.