R 82 500 | warehouse property to rent in cato ridge

Property Description

1500sqm Warehouse to let in a secure industrial park in Cato Ridge Floor Area: /-1500sqm Exclusive Yard: /-720sqm flatlet/Offices: /- 75m2 Lean to type covered area for compressors etc: /-35m2 Rental - R55/sqm = R82 500.00 Vat 24 house security Superlink access Occupation Date: 1 August 2024 The units appear to be in good condition with reasonable height and lots of natural light and LED lighting. It has two roller shutter doors on level. There are two neat offices, male and female ablutions each containing 3 toilets and a shower and there is also a separate toilet for office staff. It currently has various prefab and drywall structures which have been constructed within and include a fire-retardant spray booth, sanding room, stores, small mezzanine floor, etc. These can be demolished and removed if required. The main power supply is 225amp 3phase. The Park is securely fenced with 24 Hr gate security and is well maintained. Sewage and wastewater disposal is via conservancy tank. Attached are various photos. 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 82 500

Building Size1500 m2

Price Per SQMR 55 m2

Type of PropertyWarehouse

ZoningIndustrial

Lease TermNegotiable

Last Updated15 Apr 2024

General Features

SecurityYes

Three Phase PowerYes

Air ConditioningYes

Property Location

Agent

Matthew Hayter

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