Commercial Property For Sale in Alberton North, Alberton

Property description

Situated in Johannesburg South and operating for almost 20 years, this profitable Pre-school (3 months to Grade R) is looking for a new owner.
The purchase includes the school (with all furniture and tools of trade) and the commercial property (3500sqm) which is off the grid. The school is registered with Dept of Social Services and in the process to obtain registration from Dept of Education. All required licences are in place and may host 240 children. After Covid, numbers are growing and the school has 70 children and profitable. Huge opportunity for future growth.
The property has 11 classrooms, gas, solar, borehole, JoJo tank. The owner will provide a full handover and is prepared to assist for a period of time. (Rates and taxes are refundable as educational property)
Net Profit of R1.2m and growing.
Selling Price: 5,2 million.
Reason for Sale: The owners are retiring.
Further information will only be provided on the signing of an NDA and proof of funds.

Inside
11 classrooms
Kitchen
Office
Storerooms
Toilets, basins, shower

Outside
Under roof play area
Garden
Security
Borehole
Solar
Alarm system