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Residence/Private School For Sale in KwaZulu Natal, South Africa

Five Luxury Victorian Houses & Private School

Asking Price: $925,000 USD  (Negotiable)

This estate comprises of five houses now developed into ten apartments and a private school all set in over 5 acres. There are two swimming pools on the property. The owners main residence has designer decor and is set for luxury colonial living. The school which is a family business was established in 1966. The owner is now retiring. The Audrey Brown School is registered for 200 children although application maybe made for more. There is a staff of 25 comprising of qualified acedemic, music, ballet, karate, swimming and computer teachers and domestic staff. The school has in the grounds it's own animal farm. This school has been quoted as being prime land and the gateway to the city of Pietermaritzburg. It is the biggest established private pre-school within the cityand suburbs. This estate is registered as an appendix 4 which is business, residential and flat rights. Also the property lends itself to numerous other potentials i.e. old age home, nursing home, Aids orpheanage and numerous others. The ten apartments are at present being rented out, thus enjoying a substantial income. This is of course a separate income to the school. Although this estate is set in a quiet tranquil area it is only a five minute drive to Pietermaritzburg City Centre and Oribi Airport. This estate which is partly walled and partly ballastraded has 24 hr security. This estate has to be seen to be appreciated.
Included in this sale is a Cape plot of land at Betty's Bay which is 1271m2 and within walking distance of the sea. The land has been owned by the family for some 50 years. The land is also on the market to be sold separately therefore availability cannot be guaranteed.
For further details on the above contact the owner Audrey Brown direct.


About This Property

Category:
Other Properties
Address:
KwaZulu Natal
South Africa
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