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Nature of Business
Visual is a property development company, which requires development funding and “patient” money. Due to industry developments, the banking sector had been reticent to provide development loans and also to provide end user finance to Visual’s target segment. However, although the approval processes took longer than expected, the Company finally generated revenue during the current year from the development of The Marine, Strand. With City of Cape Town approval of the building plans for Stellendale Junction and construction of Phase 1, known as They Knysna finally underway, Visual is now getting back to business.
The securing of development funding for its other property developments will be a key initiative in the 2024/2025 years.
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| Telephone |
021-919-8954 |
| Fax |
- |
| Postal Address |
PO Box 3163, Tyger Valley, 7536 |
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| Closing price data source: JSE Ltd. All other statistics calculated by ProfileData. |
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