R780,000
Monthly Bond Repayment R8,452.92
Calculated over 20 years at 11.75% with no deposit.
Change Assumptions
R425
ONE OF A KIND OPPORTUNITY!
This property is a once in a lifetime opportunity to invest, either as a residential house or as fully functional learning academy. This property was previously utilized as an education centre for children where they were assisted with extra math, English, Afrikaans, spelling, reading and computer classes. All classes were stopped due to the retirement of the owner. Although the owner has retired there is no reason not to pick up the ropes and start with classes again in the same scenario it had operated before or to open a new learning academy and restore it to its former glory! The classrooms are fully equipped with desks, chairs and white boards that are used to educate a class of approximately 15 to 20 learners. A computer centre is also forming part of the package as all computers are included.
This property has endless opportunities should it continue as a learning centre. It can also be utilized as a Grade RR or aftercare school to assist all grades with daily homework or projects. Converting it into a crèche is also a possibility. As previously indicated the property has endless possibilities. It has toilets with basins as well as a kitchen which requires some renovations. The property has a lounge area for parents to sit and wait or converse with educators. An office space for the educators is also available, this room can be converted into a classroom. If correctly managed, this property can generate a generous monthly income to honour all financial responsibilities and to save money for further development and maintenance. Wow, what a bargain buy!
Features
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