R 30 000 000 | land property for sale in cato ridge

Property Description

We are proud to offer this flat piece of vacant industrial land for sale on Eddie Hagan Drive, Cato Ridge. Erf Size 4,4476 ha Selling Price R30 million Lights & water available Site is relatively flat but not platformed Cato Ridge, primarily zoned for industrial use, is situated on both sides of the N3 highway approximately 50 km from the Port of Durban and 30 km from Pietermaritzburg, and forms part of the eThekwini Municipality. The N3 freight corridor connects Durban Port with Johannesburg, and is the gateway into the rest of Africa. The proposed Cato Ridge Dry Port (Inland Container Terminal) has created major investment interest as a logistics and manufacturing node in Cato Ridge and the surrounding areas. Durban City has incorporated Cato Ridge in its expansion plans due to its location on the N3 Corridor between eThekwini and Msunduzi Municipalities and the Transnet owned and operated railway line and pipeline servitudes. The node has an abundance of developable land, some of which is zoned agricultural and some industrial. Points of interest in relation (km) to Cato Ridge: Durban Port - 50km Pietermaritzburg - 30km Umhlanga - 60km King Shaka Airport - 76km Hammarsdale - 11.4km Tenant Profiles Cato Ridge is mainly home to large industrial, logistics, manufacturing and transport companies. Tenants Value Logistics, Bakers Transport, Merlog Foods, Safal Steel, Assmang, Cato Ridge Truck Stop, Frey's Food Brands, Omnia Fertiliser


Property Details

Purchase Price R 30 000 000

Type of PropertyLand

ZoningIndustrial

Land Size44476 m2

Last Updated10 Jan 2024

Property Location

Similar Property in nearby suburbs

Agent

Matthew Hayter

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