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R5,018,000

1,014M² SCHOOL FOR SALE CLOSE TO MOOINOOI

1,014M² SCHOOL FOR SALE CLOSE TO MOOINOOI
This unique opportunity to own a school doesn’t come every day. It is situated just 1 and a half hours away from Randburg or Pretoria and 40 minutes from Rustenburg. Nearby towns are Buffelspoort, Marikana and Mooinooi
The school property is 8Ha
It is full title (registered in a Pty)
Private school
The school has been running for the last 12 years, is fully registered with the education department, and is currently undergoing our Umalusi accreditation
The size of the buildings is 1014m2
The field although not fully planted is the size of around 2 rugby fields
The school is currently 100% off-grid with its own solar and water - the buyer will need to drill a borehole on the property, as the one they currently using is on private property.
The rates and taxes are around R900 a month
January 2021 to Jan 2022 Income statements is available
We have 10 teachers + 1 domestic worker.
The school has a policy of 15 children per class, which makes us very popular.
We currently have 90 kids with a capacity for 130 - if that capacity is reached income will be around 2.5 million a year.
The front entrance needs to be completed, the remainder of the field planted, and the hall needs to be built. The 1200m tarred runway is adequate to service a large number of different aircraft types, so traveling for work is not a problem The 71 Hectare lifestyle estate has been developed on the 800-hectare family farm of the late motoring magnate, Lindsay Saker and boasts herds of Wildebeest, Zebra, Kudu, Eland, Nyala, Blesbok, Sable, Gemsbok and Giraffe, as well as a healthy diversification of birdlife.

Features

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0
Zoning:
Commercial
Exterior
Security
No
Sizes
Floor Size
1,014m²
Land Size
8Ha
Extras
100% Off the grid with Solar and water
 
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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

Income

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Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

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Monthly Payment

71,270.38

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