R 3 500 000 | building property for sale in glenada

School available for purchase in Glenada for R15 million excluding VAT. The property includes all the facilities / equipment and has a R4 million annual turnover. Full classrooms with ablution facilities as well as ample parking space and the property is secure. Situated in prime location in Johannesburg South. Additional information: Currently the School accommodates 182 pupils from Gr 00 - G 5, grades 6 and 7 will be introduced sequentially. School Fees are R 1700.00 pm for Pre-School and R1800.00 for Primary School pupils per pupil. The Current Annual Turnover is /- R3.9m the Profit before Tax R2.2m per annum. Expenses R1.7m per annum including salaries.