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R4,800,000

Monthly Levy
R2,970 Excl. VAT
Monthly Rates
R10,800 Excl. VAT

595sqm warehouse for sale in Cato Ridge

Floor Area: 595sqm
Epoxy coated floor in warehouse
Neat offices and ablutions
Drywall storeroom
Some exclusive use yard area
Price – R4,8 mil plus vat
Levies – R 2 970pm plus vat – Rates Approx. R10 800pm

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.

Features

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0
Zoning:
Industrial
Interior
Air Conditioning
Yes
Power 3 Phase
Yes
Exterior
Security
Yes
Sizes
Floor Size
595m²

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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Cato Ridge Inland Port
An inland port is a port facility located away from a coast in an inland city or town. They are connected through transportation networks, such as highways and railroads, pipelines, or other transportation infrastructure. These...
 
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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

Income

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Expenses

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Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

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Monthly Payment

68,174.14

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