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Pre-school with property in the Centurion area
Reason for Reporting
This delightful preschool is located in a suburb of Centurion in a well-established and upmarket neighbourhood. The property and premises (measuring 800m² with 300m² under cover) is in pristine condition.
The school was established in 2019 and has consent use for 40 children. There are currently 40 children at the school and there is ample space to accommodate more children. The preschool caters for babies and children up to Grade R. There are 6 classes with 4 qualified teachers and 4 assistants, plus 1 cleaner to look after the little ones. 2 classes are not currently being used.
The seller is asking R1,650,000.00 for the pre-school and R35,000.00 rental per month for the property for a period of 5 years with an escalation of 8% per annum and a first option to buy the property.
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