INSPIRATION
After matriculating in 1997 , Pieter was awarded an engineering bursary but didn ’ t take it up . His parents advised him that he needed to go into property if he wanted to do well financially . His mother was in property sales and his father was a contractor and developer , so Pieter had “ a bit of a feeling for property ”, so he started as a real estate agent at 18 .
“ The agency threw me in at the deep end , and I am ever grateful to Lubba Allen , who gave me a chance .” He bought his first property in Oak Glen , Bellville , two years later . At just 20 years old , when he applied for the bond , he had to get permission from the Master of the High Court !
In 2003 - just five years after he left school - Pieter started his first residential property development , with a 106-unit called Four Seasons , in Arnold Street , Strand . Since then , he has completed over 70 developments totalling around 8,500 units .
Q : How extensive is your portfolio ? Pieter : ‘ Currently , through various entities , we own about 206 units
149 APRIL / MAY 2023 SA Real Estate Investor Magazine