Private School Property in Ruimsig

This well positioned school in Ruimsig, Roodepoort, comprising over 1500 m² under roof on 4.5 hectares of well-groomed land with magnificent trees. The buildings comprise 17 classrooms and/or learning spaces, extensive 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. The current owner has asked for an extension so that a potential buyer can make decisions to suit their future plans. There is already 3-Phase power on the premises and permission from all other Departments are in place to support further development. Council charges the minimal Educational Rates on this property.

The School “business” that operated on the premises, was recently bought by another school group who have relocated to children to their own campus.

Although there are no children on the premises, this opportunity comes with over R500,000.00 of assests albeit second hand. The seller is asking R18 million for the premises and all its assets (and the seller is open to all reasonable offers).