According to Greg Coe, Head of Retirement Accommodation investments at Old Mutual Alternative Investments, Amber Glades offers residents an affordable form of retirement living in the premier retirement destination of Howick, Kwa-Zulu Natal.

“With South Africa’s elderly population set to double by 2050 according to the World Health Organisation, it is becoming increasingly necessary to invest in affordable retirement care while still providing access to high-end facilities you would expect from a leading retirement estate,” he says.

Approximately priced between R1.3m – R1.6m, the retirement Village will consist of 160 Assisted Living Apartments, all to be sold on a life right basis, and an 8-bed frail care facility.

“Old Mutual Alternative Investments’ aspires to make sustainable and economically viable retirement communities accessible while also addressing the country’s unique retirement accommodation needs. We’re delighted by the completion of the retirement village and look forward to welcoming residents to their new home,” concludes Coe.