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R 18,000,000
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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 currently operates on the premises, was recently bought
by another school group and will be relocated to their campus in the next 12
months. They are now leasing the premises from the Seller until mid 2023.
25d
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