Rand Aid acquires land in Glendower

Rand Aid Association acquired a 81 000m² piece of land at Glendower Golf Club for the development of a 120-unit lifestyle retirement village through its welfare development trust.

A clubhouse and recuperative care centre will also be integrated and units will be sold on a life rights basis.

As the developer RA Welfare Development Trust will retain ownership of the property in perpetuity and therefore have both a responsibility and a vested interest in maintaining the development and the services provided to high standards.

It is estimated that town planning formalities will take up to two years to finalise.