R 176 000

2 258 m² Commercial space in Rivonia

4 42 3 965 m² 2 258 m²
Available Now

Unique opportunity to rent a purpose-built nursery school or preschool.

This purpose-built school facility is located just off Rivonia Road in a prime and secure area of Sandton. The nursery school offers a unique opportunity with special council consent for educational use, accommodating up to 200 students. 11 fully-equipped classrooms.

This property has been operational for 16 years and offers a ready-to-move-in for a nursery or preschool institution.

School Features:

11 fully equipped classrooms.

Includes a reception area, bathroom, kitchen, and offices for the principal and finance.

An equipped kitchen with a section converted into a classroom.

A standalone double-story building with a ground-floor classroom and first-floor staff room.

Another standalone building featuring an open floor play area, office, cloakroom, and toilet.

Improved play area with jungle gym and play equipment.

42 parking bays total.

Lease Terms

Gross rental excluding VAT, utilities, rates, and taxes.

Minimum 5-year lease required, escalation of 8% per annum.

Rental price is R176,000.

Property rates are R4,653.75.

For more information kindly contact REMAX.

Property details

  • Listing number RR4205269
  • Property type Commercial
  • Erf size 3 965 m²
  • Floor size 2 258 m²

Property features

  • Bathrooms 4
  • Open Parkings 42

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