9300sqm Vacant Land - R550/sqm - Hammarsdale

R 5,115,000

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1 year ago366 views
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General Details
Location:
For Sale By:Agency
Description
Vacant Land in Hammarsdale
For Sale
Site Area 9300sqm
Selleing Price R550sqm
Great road exposure
Super Link truck Access
Proposed development in images

Hammarsdale is a town situated in the eThekwini municipality, some on the N3 Freight Corridor between Pieterrmaritzburg and Durban. A large part of South Africa's textile industry was located in Hammarsdale some years back but the area is quickly becoming a popular 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 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 Hammarsdale as a logistics, manufacturing and business hub. Cato Ridge, where the future 850ha Dry Port logistics, industry and business development will be located, is a mere 7km from Hammarsdale. Hammarsdale is home to the brand new Keystone Logistics Park, Point Park, Hammarsdale Industrial Park and many freestanding warehouses and factories.

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 Reference #: CL616

Agent Details:
Matthew Hayter
Upside Properties
11 Aubrey Drive
Glenashley
Durban
4051

Id Subtitle 1097050562
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Estimated monthly repaymentR 55,432
Total property loan amountR 5,115,000
Total interestR 8,188,588
Total repaymentR 13,303,588
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