Based on Setout’s estimate model, building a retail / shop in Gqeberha (Port Elizabeth) costs roughly R 8 610–R 16 400 per m², with a typical rate around R 11 070 per m². Here’s how that breaks down, and how we calculated it.
A worked example
A 400 m² retail / shop at the typical R 11 070/m² works out to about R 4 428 000 for construction. Of that, labour is roughly 27% (~R 1 195 560); materials and plant make up the rest.
Building in Gqeberha (Port Elizabeth)
Gqeberha (Port Elizabeth) sits in the Eastern Cape, mid-tier on published provincial cost estimates. As a coastal city on Algoa Bay it carries the general coastal-durability consideration — humid, salt-laden conditions favour corrosion-resistant specifications for exposed steel and fixings. Against that, it has a strong industrial and logistics base that supports material availability: it is one of the country's busiest manufacturing centres and the only metro with two commercial ports, including the deep-water Port of Ngqura at the Coega Special Economic Zone. Its automotive-manufacturing economy drives steady industrial and commercial construction demand.
What drives the cost of a retail / shop
Retail spans a wide range because 'retail' covers everything from a shell shop to a fully-fitted store. The base structure is relatively cheap; cost concentrates in the shopfront and glazing, services (lighting, air-conditioning, fire), and the tenant fit-out. Standalone shops and strip retail sit at the lower end; enclosed malls carry common-area, parking, and mechanical costs that push the rate up. As with offices, shell-and-core versus fitted-out is the key question behind any per-m² figure.
How we calculated this
AECOM 2025/26 base rate for Retail / shop (Gauteng-anchored, excl. VAT, professional fees and site works) adjusted by the Eastern Cape provincial factor (×0.82), derived from ooba's provincial build-cost table with Gauteng set to 1.0. Figures are planning-stage estimates, not a quote or a survey. Labour assumed at 27% of total (typical 25–30%). Excludes land, professional fees, VAT, and municipal contributions.
Source: Base rates from the AECOM Africa Property & Construction Cost Guide 2025/26 (excl. VAT, professional fees and site works); provincial factors derived from ooba's 2025/26 provincial build-cost table. Last updated 2026-07-16.
Questions
- How much does it cost to build a retail / shop in Gqeberha (Port Elizabeth)?
- Based on Setout's estimate model, roughly R 8 610–R 16 400 per m² (typical R 11 070). For a 400 m² retail / shop, that's around R 4 428 000 for construction — excluding land, professional fees, VAT and municipal costs.
- Why do retail cost estimates vary so much?
- Because 'retail' ranges from a bare shell shop to a fully-fitted store in an enclosed mall. Shopfronts, glazing, services, and tenant fit-out drive the difference, and malls add common-area and parking costs. Confirm whether a rate is shell-and-core or fully fitted before relying on it.
- Why is building in Gqeberha (Port Elizabeth) priced this way?
- Gqeberha (Port Elizabeth) is in Eastern Cape. Our model applies a provincial cost factor to a national base rate to reflect local labour rates, material transport, and market demand. AECOM 2025/26 base rate for Retail / shop (Gauteng-anchored, excl. VAT, professional fees and site works) adjusted by the Eastern Cape provincial factor (×0.82), derived from ooba's provincial build-cost table with Gauteng set to 1.0. Figures are planning-stage estimates, not a quote or a survey. Labour assumed at 27% of total (typical 25–30%). Excludes land, professional fees, VAT, and municipal contributions.
- What is not included in this estimate?
- The rate covers building work and materials only. It excludes the land, professional fees (architect, engineer, quantity surveyor), municipal connection and contribution charges, VAT, and any abnormal site or foundation costs. For a tender-ready figure, price the actual Bill of Quantities.
Compiled by Setout. These are planning-stage estimates, not a quote. Price the Bill of Quantities for a tender-ready figure with the BoQ Pricer.
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