R15,000,000
4.2299ha Vacant Agricultural Land For Sale in Cato ridge
Upside Properties is pleased to offer this 4.2299ha Agricultural piece of land in Cato Ridge.
Property Specifications:
Site Extent: 4.2299sqm
Zoning: Agricultural
Selling Price: R15 000 000
Rate/SQM: R316/Sqm
Cato Ridge is a town in the Ethekwini Metropolitan Municipality as a suburb of the Outer West region. It is situated some 30 km south-east of Pietermaritzburg and 50 km north-west of Durban in the Valley of a Thousand Hills. Named after George Christopher Cato (1814-1893), the first mayor of Durban.[2]
The area is quickly becoming a popular manufacturing and logistics node, as it is ideally located on the primary western corridor, the centre of gravity of most of South Africa's regional and national distribution network. The future 850ha Dry Port logistics, industry and business development will be located in Cato Ridge, planned to alleviate congestion in the Durban Harbour. This will include container terminals which will be linked to the harbour via rail. The N3 freight corridor, supposedly the busiest in the country, runs past Hammarsdale connecting Durban and Gauteng. With Durban being home to the busiest port in Sub-Saharan Africa and Gauteng being South Africa's economic heartland, it brings huge potential to Cato Ridge as a logistics, manufacturing and business hub.
eThekwini has pegged Hammarsdale/Cato-Ridge as one of the three catalytic development Node's for KZN, along with the south and north coast. This classification has provided Hammarsdale with significant infrastructure investment from the eThekwini, SOE's and other government entities into roads, waste water, power, public transport etc, all of which have a direct benefit to Hammarsdale.
The surrounding area is home to some national and international companies; Value Logistics; Bakers Transport; Mr Price Distribution Centre; PepCore Distribution Centre; Merlog Foods; Boxer Stores; Safal Steel (Pty) Ltd; One Logix; Grindrod, Ackermans, Unitrans and Kerry Group to mention a few.
Cato Ridge, Cato Ridge
The town of Cato Ridge is situated about 30 km southeast of Pietermaritzburg and 50 km northwest of Durban. It strategically lies along the Mariannhill Toll Road between Assagay and Camperdown, just a little further west of Inchanga.
Known as Durban's 'Dry Port', Cato Ridge is a growing industrial node. Distribution and logistics companies have set up warehouses here to store their goods before distributing them...
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