Effortless lock-up-and-go living near Polokwane conveniences, set on a generous 1,307 m² stand offering private garden potential and secure, renewable notarial lease with finance options.
Well-positioned stand offering efficient use of space for a modern lock-up-and-go lifestyle.
Secure with 25% first lease payment; balance payable as agreed. Services commence once uptake is achieved.
Leasehold Zoned Vacant Land (Polokwane): You don’t buy the land outright—you secure it on a 49.75-year, perpetually renewable Notarial Lease (registered in the Deeds Office), with the option to convert to Freehold later once the developer finalises the freehold purchase.
How payments work: pay 25% upfront, then monthly lease calculated at 8% p.a. on the remaining balance (max 75% of land value)—buildings/improvements are excluded. Escalation is CPI-based, you can build, finance (banks can bond), and resell like normal ownership.
Listed for sale at R2,221,900
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 73 listings in Bendor
Insight
Priced below the median for similar properties in the area.
Similar properties pricing
Affordability
R 21,811 / month
Estimated bond repayment
20 years · 10.25% · 0% deposit
Market depth
73 similar listings
High similar-home inventory in Bendor
Median time on market: 202 days
* Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal. Smart Property Insights Model v1.0
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Bendor is an upscale residential suburb in Polokwane known for its leafy streets, modern homes, and proximity to essential amenities, making it a desirable location for families and professionals.
* Distances and amenities are approximate.