R 2 695 770 | warehouse property to rent in cato ridge

Property Description

We are proud to offer the subject property to let in Cato Ridge. Property Specs: Floor Area- 25 674sqm Extra office space available Monthly Rental - R2 695 770.00 Vat 24 hour security Super link access Roof height - 11m to eaves ASAB approved sprinklers with tanks and pumps Dock levellers and on grade roller doors Occupation date - Immediately Great natural light Heat extractors 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.


Property Details

Rental R 2 695 770

Building Size25674 m2

Price Per SQMR 105 m2

Type of PropertyWarehouse

ZoningIndustrial

Lease TermNegotiable

Last Updated10 Apr 2024

General Features

SecurityYes

Three Phase PowerYes

Air ConditioningYes

Property Location

Agent

Matthew Hayter

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