Industrial Property For Sale in CATO RIDGE

location in South Africa province Kwazulu Natal, Cato Ridge, Cato Ridge

R13 535 000

Ad ID 135457

Property Description

Situated in Nordic Industrial Park, which is a sectional title development situated on a 56000m2 secure site fully enclosed with an electricity fence. Yard space: 2250m2There is a 24 hour security guard based at the entrance to the park. We have allowed ample space for parking and traffic on site, the warehousing units will only occupy 50%, allowing for easy and efficient access.Plans have been finalised for buildings 14,15, and 16 and these are now in at Council for approval. The buildings can be split into smaller sections if required.Conveniently situated in Cato Ridge with N3 freeway visibility, the property is ideally placed on the fast growing Durban / Pietermaritzburg corridor. 5km to the N3 freeway. Railway siding outside the property.Cato Ridge: A massive development in Cato Ridge which is expected to take place within the next decade, is being punted as the "Midrand" of KwaZulu-Natal. The eThekwini Municipality is considering a number of plans from companies and groups for a proposed Midrand-type development, which is expected to generate huge investment in the corridor between the two cities. During his Budget Vote speech in Parliament, Ndebele announced five key transport projects, which would be undertaken in the next five years in the Durban-Johannesburg corridor: The five projects include developing Cato Ridge as a dry port, the sale of the Durban International Airport to Transnet, who plans to build there a dug out port.




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