± 6 600 m² Warehouse/Mini – Factory Facilities, 122 Brackenhill Road, Waterfall (known as Chestnut Grove Industrial Estate)
Gross Lettable Area: ± 6 637 m² | Gross Annual Income: ± R4.3 Million | 12 x Mini-factories / Warehouses | Ranging from ± 400 m² to ± 2 100 m² per unit
Chestnut Grove Industrial Estate is situated in an Industrial node just north of the greater Waterfall area. Properties in this node are of mixed assortment of freestanding industrial factory/warehousing with office components and a few interspersed sectional title mini factory complexes.
Chestnut Grove Industrial Estate comprises of 12 mini factories / warehouses ranging from 400 m² to 2100 m².
Unit 1 – 875 m²; Unit 2 – 504 m²; Unit 3 – 499 m²; Unit 4 & 5 – 944 m²; Unit 6, 7 & 8 – 2149 m²; Unit 9 – 415 m²; Unit 10, 11 & 12 – 1251 m² - Total : 6 637 m².
This industrial estate is in close proximity to the new Water Crest Mall and is situated just north of Kloof and Forest Hills. Waterfall is an established suburb which has recently undergone large expansion. Along with this expansion a noticeable increase in demand has increased for future development especially industrial and commercial properties. Hillcrest, Kloof and Waterfall are regarded as the fastest developing suburbs within the eThekwini Outer West region.
Access to the Industrial estate is from Brakenhill Road, which links to Inanda Road. Inanda Road is the main through road in Waterfall and links this node with Hillcrest and Kloof where the main freeways are accessed to both Durban Central Business District some 30km east and Pietermaritzburg which is set some 60km west.
There are many upmarket residential estates set along Inanda Road, which includes Kirtlington, La Domaine and Cotswold Downs Golfing Estate. The subject area is situated north of the Hillcrest Central Business District which offers all modern amenities.
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