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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.
Purchase Price R 3 500 000
Building Size3835 m2
Price Per SQMR 912 m2
Type of PropertyBuilding
ZoningCommercial
Land Size3835 m2
Last Updated30 Nov 2018
SecurityYes
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