Property description
ATTENTION ALL INVESTORS INTERESTED IN DEVELOPING THIS SITE FOR EDUCATIONAL PURPOSES
This pristine plot located in Benoni North A/H is zoned for a Place of Instruction. This permits the owner to build a college, university, childcare institute, training facilities, church, monastery, lecture hall, conference centre or any other academic establishment.
The rental opportunity WILL BE extraordinary!
Currently this dynamic plot is home to a large residence with 3 cottages and a rondavel which previously homed a school. There are 2 separate entrances to this plot for easy and convenient access to all.
The Main House (Current rental @ R25 000pm)
5 Bedrooms
5 Bathrooms (3 are en-suite)
2 Lounges
Sun room/gym
Large entertainment room with pub
Dining room
Kitchen
Pool with large lapa (Built-in braai with pub. Enclosed with aa-weather proof blinds)
3 Garages
5 Carports
3 Cottages ( 2 are currently rented for R6000)
1 x 1 Bedroom
1 Bathroom (wheelchair friendly)
Lounge
Kitchen
1 x 2 Bedroom (rental of R6600)
1 Bathroom
Lounge
Kitchen
1 x 3 Bedroom (current rent R9900)
2 Bathroom (1 en-suite)
Kitchen
Lounge
Rondavel with own entrance, currently let for R7 000pm
The 3 bedrooms with a lounge. The bathroom consists of 3x showers, 3x toilets, 3x basins.
5 x external wooden structures (dormitories) can be used as offices
Own septic tank.
Huge Workshop. 6 storerooms and a staff toilet.
Added Extras
3 PHASE ELECTRICITY, STRONG BOREHOLE WITH PUMP HOUSE and 10 000 litre tank, CCTV system and ride-on mower
This investment opportunity is for bold entrepreneurs looking to DEVELOP an educational and training centre which is HIGHLY in demand, to equip the youth with skills and a trade to grow our dynamic and diverse economy.
Other exciting ideas are also open for discussion...
Call for your private viewing appointment
Full status Property Practitioner
FFC 0722634
Location rating
Nearby Transport
Nearby Education
Nearby Other
Request property details from Keller Williams - KW Select
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Agents
Repayment Costs
Monthly Total
Mortgage
Purchase price
Deposit 10%
RPayment term
20 yearsInterest rate
11.5%Your payment
R / mo.
