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R20,000,000

3 Drakensberg Street

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Land available for sale in Cato Ridge, Durban

27495 sqm of land/yard space is up for sale in Drakensberg Street in Cato Ridge, conveniently located just off Eddie Hagen Drive. The property features a substantial 2400 sqm steel structure with impressive height, alongside hardened access and surrounding yard space. Although services are not currently available, installation is easily feasible. This offering presents an excellent opportunity for potential buyers looking to establish their operations in a strategic location with ample space for expansion and development.

Cato Ridge, strategically located approximately 30 km southeast of Pietermaritzburg and 50 km northwest of Durban, holds a crucial position along the Mariannhill Toll Road between Assagay and Camperdown, just west of Inchanga. Renowned as Durban's 'Dry Port', Cato Ridge has burgeoned into a prominent industrial hub, attracting distribution and logistics companies that utilize its warehouses for goods storage and nationwide distribution. Its prime location along the highway between Johannesburg and Durban has solidified its status as a preferred destination for manufacturing, logistics, and distribution enterprises. With significant future developments planned, Cato Ridge is evolving into an appealing residential area, offering a blend of countryside tranquility and breathtaking views of the Valley of 1000 Hills

Features

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Zoning:
Commercial
Exterior
Security
No
Sizes
Floor Size
27,495m²
 
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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

 

LOAN AVAILABLE

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Monthly Payment

284,058.92

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