Do not miss this opportunity of acquiring a property of this size in the sought after Cato Ridge area which is soon to be home of the new dry port! The farm is made up of three portions extending just short of 155 hectares, with fertile soils, ample water and a range of mixed agricultural activities. The property is about 15kms from Cato Ridge central – the rapidly expanding economic hub between Durban and Pietermaritzburg - and is located in the Killarney Valley area and also shares a common boundary with the well-known Tala Game Reserve.
The planned Cato Ridge Dry Port which is aimed to be completed by 2030, will comprise of R2,6 Billion in Infrastructure development to support an Intermodal Terminal with a Mega Truck Stop & Staging facility, a Tank Farm, a Logistics & Industrial
Park and an Automotive Terminal. Cargo from the Port will be transported via rail to the Intermodal Facility in Cato Ridge. The cargo will subsequently be transferred onto the road network and transported to its inland destination. The Logistics Park will house industrial tenants that wish to move all or part of their operations to Cato Ridge to decrease handling costs. The investment will include land purchases, rail and road infrastructure costs, building infrastructure, bulk services infrastructure, thereby unlocking various economic opportunities for multiple economic sectors of the economy. A second phase will include Agro-processing, Timber manufacturing, Automotive Assembly, LED Light manufacturing, and much more. The third phase will introduce Office Parks, Retail Centres, hospitals & schools as well as residential developments and various other developments.
This property has irrigation rights to the uMlazi River as well as a very strong borehole and several water storage tanks. Three phase Electricity is supplied from Eskom directly. There are three access points to the property, one via Cato Ridge (through Killarney Valley – road soon to be tarred), another via Tala Game Reserve and a third via Hammarsdale.
The property currently has several agricultural activities underway, which can be continued by the new owners, these include livestock (cattle & sheep) with established lambing and calving facilities, a slaughter area with refrigeration and processing / packing facilities, Lucerne and other grass mixes. Cash crops and various established Tunnel operations which include lettuce, tomatoes, cucumber and cabbage. Other vegetables being farmed include potatoes, beetroot, carrots, onions, and more – some under shade cloth and some not. Trees being farmed include Moringa, various Citrus trees and some Pecan Nut trees.
Other activities on the farm include a Bakery which produces approximately 3000 loaves per day. There is also a small block making operation which includes block making machines as well as several warehouses that can be used to generate additional income from. The property has multiple sheds, workshops, and other buildings as well as staff accommodation and five dwellings.
Contact us for more detailed information. Please note that in order to view this property pre-screening and financial qualification of potential buyers is a pre-requisite.
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