Mix use Rental Enterprise
Web Ref.
CL10673
Land size
855.00 m²
Floor size
1677.00 m²
This exceptional 1,677m² asset includes retail, office, and residential units.
Asset Composition & Yield Drivers
- Commercial (804m²):
High-visibility ground and middle-block. Retail (196m²) and professional office suites (608m²).
- Residential (574m²):
13 units providing stable, diversified rental income.
- Parking (250m²):
10 secure basement bays with dedicated rear-street access.
- Strategic Layout:
Triple-block design with dual street frontage, ensuring operational separation between business and residential zones.
Tax Structure: The Zero-Rated Advantage
The property is being sold as a Going Concern under Section 11(1)(e) of the VAT Act:
- VAT Rate: 0% (instead of the standard 15%).
- Transfer Duty: R0 (VAT takes precedence).
Asset Composition & Yield Drivers
- Commercial (804m²):
High-visibility ground and middle-block. Retail (196m²) and professional office suites (608m²).
- Residential (574m²):
13 units providing stable, diversified rental income.
- Parking (250m²):
10 secure basement bays with dedicated rear-street access.
- Strategic Layout:
Triple-block design with dual street frontage, ensuring operational separation between business and residential zones.
Tax Structure: The Zero-Rated Advantage
The property is being sold as a Going Concern under Section 11(1)(e) of the VAT Act:
- VAT Rate: 0% (instead of the standard 15%).
- Transfer Duty: R0 (VAT takes precedence).
Features
Zoning
Interior
Sizes
Parking Bays
Listing Info
Graaff-Reinet, Graaff-Reinet
- Street map
- Street view
- Amenities
- Schools
Filling Station
2.86 km - Bkb Graaff Reinet Retail Shop
3.04 km - Botha's Garage Geo
3.15 km - Gem Garage
Hospital/Clinic
1.06 km - Kroonvale Clinic
2.44 km - Community Health Centre Graaff-Reinet
3.03 km - Martha Skosana Clinic
Police Station
2.65 km - Police Detective Services - Graaff-Reinet
2.87 km - Police Station Graaff-Reinet
3.62 km - South African Police Service Academy Graaf-Reinet
Shopping Centre
3.25 km - Reinet Antiques
0.56 km - Lingcom Primary School
0.62 km - Laerskool Volhard
1.06 km - Kroonvale Primary School
1.69 km - Spandau Public School
2.81 km - Lahlomla' Acting
2.89 km - Department Of Education
2.93 km - Ramaphosa
3.06 km - Eastcape Midlands College Graaff- Reinet Campus
3.20 km - Nqwemba High School
3.24 km - Secondary School
3.26 km - SAP Training Institution - Graaff-Reinet
3.40 km - Union Pre Primary School
3.52 km - W E Pienaar Primary School
3.55 km - Vuyani Safe Haven
3.75 km - Eastcape Midlands College Woeke Street Campus
Average sold property price in Graaff-Reinet
Freehold
Sectional Scheme
Vacant Land
Freeholds
R1,636,406
33.3%
Average price
53
33.3%
Transfers
Sectional Titles
R
0%
Average price
0
0%
Transfers
Estates
R1,085,000
100.0%
Average price
1
100.0%
Transfers
Finance
Total Amount Repayable
R0,00
Monthly Repayment
R0,00
Calculators:
Disclaimer
While every effort will be made to ensure that the information contained within the Just Property Group website is accurate and up to date, Just Property Group makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
