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World of Golf

Now there is a business idea I like. Take a piece of land, cover it with nicely mowed grass and then charge people a monthly subscription to come and hit balls on it! I can only imagine that they are highly profitable and nothing about golf is cheap, so it certainly must be a very good business formula to have approximately 13 000 members at about R300,00 a month.

The World of Golf in Woodmead is right next door to what was hailed, at the time, as the largest residential development in South Africa, namely Waterfall City, which was going to have two golf courses, an equestrian estate and all sorts of other aspects to it. I see that the equestrian estate has continued, but I really have not heard much more about the other two golf courses or the 20 000 residential units that were going to be coming on line in the area. No doubt it will happen in time and that will become a major residential area, not to mention that alongside the World of Golf there is already quite a lot of office space including major companies like Oracle.
 

Posted by Michael de Broglio on Saturday 06-Mar-10 Share on Facebook   Tweet It

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Johannesburg based attorney specializing in personal injury matters including Road Accident Fund claims and medical negligence matters. My interests include golf, reading and the internet and the way it is constantly developing. I have a passion for life and a desire for less stress!
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