Walls Avenue

 

This property in Walls Avenue was acquired last year and transferred earlier this year. The property is situated on a corner site with a prominent road frontage, representing a great opportunity to completely transform the façade at minimal cost.

 

The property was already sectionalised making it possible for us to sell sections off individually, thereby improving our return.

 

This property was acquired at a very special price of R2,900 per/m2 resulting in an estimated R2,0m profit on sale of the property at R5,200/m2.