Posted on March 16, 2022
Price : R 23 000 000
Listing Type : Educational Property
Location : Gauteng
Size : 4.5 ha
Rates & Taxes : R 1 800 pm
Ref no. : 2822

A large 4.5 hectare school campus in a well located and upmarket area. This property boasts excellent facilities including classrooms, admin offices, sports field, swimming pools and playgrounds and it is set in a beautiful lush environment with many trees. The property offers an excellent opportunity for further development as an application to rezone from Agricultural Business to Education has been approved by Council to accommodate up to 750 students. The process is now at the final stages where Township can be established as soon a new owner chooses too.

The land development plans, council confirmation letter, environmental impact management and compliance report and rezoning approval letter are available to qualified buyers. The premises can accommodate a large school including pre-primary, primary school, high school and or college. There is a growing demand for private education in South Africa and with it comes the demand for educational property ownership.

These types of properties are scarce and do not come onto the market often. R23 000 000 (ONO) and is ideal for a growing school to expand, for an educational group to established another campus or for an investor or landlord looking to grow their portfolio. There are also many other opportunities and use options for the property for example: it could be converted into student housing or similar, it could be used as a teacher training or other vocational training college, it could be used for a variety of other businesses such as country accommodation, outdoor restaurant, party venue, conference centre or church.

Features
Land for development
Large Parking Area
Office / Study
Outbuildings
Playground
Sports Field
Staff Accommodation
Swimming Pool
* Renwick Head Office