The homes range in size from 127m2 to 408m2, feature up to four bedrooms and sit astride stands measuring up to 1 699m2.
The estate is fully walled and features 24-hour access control, tarred internal roads and driveways, a pool, squash courts and parks.
In terms of surrounds, it will be of interest to investors to know that Springs plays host to a number of large industrial concerns which produce processed metals, chemicals, paper and foodstuffs.
Springs also offers all the major amenities and facilities necessary for day-to-day living. Interestingly, the estate lies within close reach of the internationally renowned 350-hectare Grootvaly Wetland Reserve, which accommodates some 450 bird species and a number of antelope.
According to PVA’s Louise Visagie, nine of the homes are currently tenanted, collectively producing around R47 000/pm in gross rental income.
All of the homes are in good condition. Overall, she says the estate has “fantastic” buy-to-let potential and should not be passed up by those with a taste for such endeavours.
Info:
> Viewing will take place on October 12 between 12pm and 4pm.
> The auction will commence on site from 11am onwards on October 14.