Do not miss the opportunity to invest along KZNs rapidly expanding N3 Corridor development in an area that forms an important link in the plans between Durban, Pietermaritzburg and Gauteng! Situated in Camperdown / Umlaas Road area, and with the areas Spatial Development Framework plans well underway, seeing rapid development into container hub and industrial nodes, with development to include infrastructural investment in transport routes as well as industrial and town center precincts, facilitating excellent investment opportunities.
The Property has great N3 access and fantastic visibility from the N3, within 50km by road to Durban center and close to Pietermaritzburg, with easy access via the N2 to both North and South, benefitting from top quality roads and infrastructure projects currently underway. This Property is 18,0634 hectares of which 10,000sqm is already zoned light industrial with 3-phase electricity and Electricity supply direct from Eskom. There is confirmation that the balance of the property can be re-zoned now to Mixed Use. The buildings include an engineering workshop situated on the 10,000 sqm of light industrial zone, providing rental income of approximately R35,000.00 per month. The Workshop consists of a double story building with offices, 10 ton Gantry Crane, loading area, ablution facility, compressor room and carport.
A separate A-frame 2 bedroom cottage can easily generate an additional income of R10,000.00 per month, and will be well supported by companies as contractor accommodation while working in the area.
The main house is a spacious 3 bedroom house, with 2 lounges, upmarket pub, office, dining room, kitchen, scullery, pool, under cover patio and entertainment area, overlooking gorgeous views of the two dams and mountains in the background. There is also a self-contained flatlet below the main house. This can be used as offices or again as accommodation for contractors and will generate a sizable monthly income.
This property is situated within close proximity to the proposed Cato Ridge Dry Port development project, a R20 billion rand investment project, incorporating a Mega Truck Stop and Staging with various amenities. An Inland Port / Intermodal Terminal which is proposed to see in the short term an Upgrade of the current Cato Ridge Transnet Interim Terminal (CATCON) and extend its through-put to 30,000 TEUs p.a. and long-term plans at full development with envisaged maximum container annual throughput capacity of approximately 1,000,000 TEUs. Also on the cards are Logistics and Industrial Parks with Warehouse facility for added container services such as stuffing and destuffing. There are also plans for a Tanks Farm and Pipeline which will include the development of a Petroleum Product Storage, which is in the final planning stages.
With these advantages, the area also suits opportunities for commercial and residential developments as the property is situated in an attractive area overlooking beautiful dams and the new 5000 hectare Big 5 Mayibuye Game Reserve.
This property is not to be missed! Contact us today for more information.
Please note that conditions apply to private viewings.
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