Sale
South Africa

4

Beds

1

Baths

19,873 m²

Floor area

19,873 m²

Stand size

Commercial 4 beds 1 bath 19,873 m²

About this property

An opportunity for investors! VAT included in purchase price.

This unique property is situated in the Industrial Area on the outskirts of Grahamstown. The location is primary, as it is situated just off the N2 and could draw passing traffic from this busy National Road, as well as the local citizens of Grahamstown. The property is zoned for diverse uses.

This large property consists of two erven:

  • Erf 8454, measuring 18,942 square metres
  • Erf 8460 (portion of 8454), measuring 931 square metres

The property includes numerous buildings:

  • A large factory (formerly the Old Ostrich Abattoir) with spacious storage rooms, cold rooms, walk-in fridge, ablution facilities, staff room and office
  • Extensive undercover outbuildings (bricked-in and steel structures with roofing)
  • Sheds and storerooms
  • Large parking areas
  • A 4-bedroom residential home with private outside entertainment area and 3 toilets

Additional features:

  • Large portion of vacant land running parallel to Rautenbach Road, allowing for further development
  • Strong borehole supplying water to factory, house and outbuildings
  • Solar system: grid-tied system with 7 × 25KW inverters and panels generating 175,000 KWH

Zoning permits diverse uses including noxious trade, abattoir, crematorium, risk activity, and consent uses such as container site, convenience shop, helicopter landing pad, industry, liquor store, motor repair garage, renewable energy structure, scrap yard, service station, and transport use.

Seller is a VAT vendor. VAT has been added to the selling price.

Rooms & layout

Bedroom × 4
Bathroom
Lounge
Office
Room × 2
Storage Room

Features & amenities

factoryindustrialabattoirstoragecold roomsparkingvacant landboreholesolar systemundercover buildings

Price & ownership

Asking price R 9 800 000
Price per m² R 493
Municipal valuation -

Cost to buy (indicative)

Purchase type is not confirmed below. Transfer duty is estimated for a standard resale (not a VAT-inclusive developer or vendor sale). Check with the agent.

Upfront split

Property price R 9,8M
Taxes + legal + admin fees R 968K

Rough split: 91.0% purchase price, 9.0% buying costs.

  • Asking price R 9 800 000
  • Transfer duty (est.) R 855 356
  • Deeds Office (transfer) R 7 751
  • Conveyancing (est., incl. VAT) R 104 809
  • Deeds lodgement R 52
  • Total indicative R 10 767 968

Estimates from SARS transfer duty tables, Deeds Office–style fees, and LSSA conveyancing guidelines. Not financial or legal advice — confirm with your attorney. Duty uses the higher of price or market value.

Table ref: sars_2025-04-01

Bond Calculator

R 92 544 /month

Total paid over 20 years (deposit + repayments): R 23 190 651

Deposit 10% · R 980 000
Loan term 20 years
5 yr 30 yr
Interest rate 11.25% p.a.
5% Prime ~11.25% 20%

Monthly repayment vs interest rate (deposit fixed at 10%)

Monthly repayment vs deposit percentage (rate fixed at 11.25%)

Indicative estimate only. Loan of R 8 820 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.