R15,000,000
R15,000,000
Neels Potgieter
Development potential for a well-designed Columbarium and or Memorial Park and Remembrance Garden
A unique opportunity for the serious Investor and developer with vision.
(Please note - the attached video is for illustration purposes ONLY)
Development potential for a long-term investment to develop a well-designed Columbarium and or Memorial Park and Remembrance Gardens. (Other property opportunity with a chapel also available)
A 3.8-hectare site next to a lake in Primrose has some attractive characteristics with peaceful settings that will make such a development successful. It can generate multiple income streamlines.
Potential features include:
• A modern indoor and outdoor columbarium.
• Memorial gardens with walking paths.
• Reflection areas overlooking the lake.
• Water features and landscaped gardens.
• A chapel or multi-faith remembrance centre.
• Family memorial walls.
• Digital memorials with QR codes linking to life stories and photographs.
• Annual remembrance ceremonies.
• Coffee shop and flower shop.
• Administrative offices and reception.
A tranquil lakeside setting is one of the project's strongest differentiators.
Market Opportunity
Several trends support demand for cremation memorials:
• Cremation is becoming more common because it is generally less expensive than traditional burials.
• Urban cemeteries are reaching capacity.
• Families often prefer a secure, well-maintained memorial location.
• South Africa has an ageing population, which gradually increases demand for memorial services.
Revenue Streams
Potential income includes:
• Sale of niches.
• Family vaults.
• Premium lake-view niches.
• Memorial plaques.
• Lifetime maintenance plans.
• Memorial ceremonies.
• Chapel hire.
• Flower sales.
• Digital memorial subscriptions.
• Estate planning partnerships.
• Pre-need sales (customers purchasing niches years in advance).
Capacity
A 3.8-hectare property could accommodate thousands of niches over multiple development phases.
For example:
• Phase 1: 1,500–2,500 niches.
• Phase 2: Expand to 5,000+ niches.
• Long-term capacity: 15,000–30,000 niches depending on design, landscaping, and local approvals.
This allows the project to generate revenue over many years without requiring all capital upfront.
This portion is part of a larger group of properties, and it may be possible to acquire all of it. Please contact me for details in this regard
Neels Potgieter, registered with the PPRA as a Principal Property Practitioner, under Real Royal Commercial Properties (Pty) Ltd t/a Century 21 Johannesburg South, registered with the PPRA as a Business Practitioner, who does not operate a trust account.
(Please note - the attached video is for illustration purposes ONLY)
Development potential for a long-term investment to develop a well-designed Columbarium and or Memorial Park and Remembrance Gardens. (Other property opportunity with a chapel also available)
A 3.8-hectare site next to a lake in Primrose has some attractive characteristics with peaceful settings that will make such a development successful. It can generate multiple income streamlines.
Potential features include:
• A modern indoor and outdoor columbarium.
• Memorial gardens with walking paths.
• Reflection areas overlooking the lake.
• Water features and landscaped gardens.
• A chapel or multi-faith remembrance centre.
• Family memorial walls.
• Digital memorials with QR codes linking to life stories and photographs.
• Annual remembrance ceremonies.
• Coffee shop and flower shop.
• Administrative offices and reception.
A tranquil lakeside setting is one of the project's strongest differentiators.
Market Opportunity
Several trends support demand for cremation memorials:
• Cremation is becoming more common because it is generally less expensive than traditional burials.
• Urban cemeteries are reaching capacity.
• Families often prefer a secure, well-maintained memorial location.
• South Africa has an ageing population, which gradually increases demand for memorial services.
Revenue Streams
Potential income includes:
• Sale of niches.
• Family vaults.
• Premium lake-view niches.
• Memorial plaques.
• Lifetime maintenance plans.
• Memorial ceremonies.
• Chapel hire.
• Flower sales.
• Digital memorial subscriptions.
• Estate planning partnerships.
• Pre-need sales (customers purchasing niches years in advance).
Capacity
A 3.8-hectare property could accommodate thousands of niches over multiple development phases.
For example:
• Phase 1: 1,500–2,500 niches.
• Phase 2: Expand to 5,000+ niches.
• Long-term capacity: 15,000–30,000 niches depending on design, landscaping, and local approvals.
This allows the project to generate revenue over many years without requiring all capital upfront.
This portion is part of a larger group of properties, and it may be possible to acquire all of it. Please contact me for details in this regard
Neels Potgieter, registered with the PPRA as a Principal Property Practitioner, under Real Royal Commercial Properties (Pty) Ltd t/a Century 21 Johannesburg South, registered with the PPRA as a Business Practitioner, who does not operate a trust account.
Features
Zoning
Interior
Sizes
Additional Amenities
Listing Info
Primrose, Germiston
- Street map
- Street view
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 Century 21 South Africa website is accurate and up to date, Century 21 South Africa 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.
