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Popular Private School Property In Ruimsig, Roodepoort For Sale

Roodepoort, Gauteng, South Africa
Asking Price:
R18,000,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
Not applicable
Cash Flow:
Not applicable

This popular and well positioned school in Ruimsig, Roodepoort on 4.5 hectares of land, has some beautiful buildings, with large established trees, approximately 17 classroom and/or learning spaces, plenty of ablution facilities, admin offices, sport fields and playgrounds. The current zoning is Agricultural Business that allows for a business to operate from the premises. An application to rezone the property to “Education” and develop the property to accommodate 750 + students, has been approved by Council. This process is now at the final stages with the Township Register that can now be opened at the Deeds Office.

Monash University is less than 10km away. Also see the attached Executive Summary.

Property Information

Real Estate:

Real Property Included

Location:

Ruimsig Roodepoort

Premises Details:

Not applicable - see Executive Summary

Size in square feet:
4.5 Hectares
Planning Consent:

Yes

Business Operation

Expansion Potential:

Yes - see the Executive Summary

Competition / Market:

Other schools in the area

Reasons for selling:

The owner is retiring and wants to relocate

Trading hours:

Not applicable

Employees:
Not applicable
Years established:
Not applicable

Other Information

Support & training:

Not applicable

Related Documents: