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Create vibrant residential communities in fast-growing Bendor Ext 126, Polokwane — generous 11,586 sqm development stand with flexible lease-to-freehold terms, ideal for townhouses or apartments.
Unlock the potential of this exceptional vacant land opportunity in the fast-growing and sought-after area of Bendor Ext 126. Measuring an impressive 11,586 sqm, this well-positioned development stand offers the ideal foundation for a residential project such as townhouses, apartments, or a mixed residential development.
Situated in a rapidly expanding area with strong demand for quality housing, this property presents an excellent investment opportunity for developers looking to capitalize on the growth of the Bendor area.
Key Features:
Stand Size: 11,586 sqm
Ideal for townhouse or apartment development
Located in the sought-after Bendor Ext 126 development area
Leasehold opportunity with secure long-term tenure
Initial payment of only 25% to secure the land
Lease period of 49.75 years
Lease can be registered at the Deeds Office as a Notarial Lease
Option to convert to Freehold ownership once the developer finalises the freehold purchase
This is a rare opportunity to secure a large-scale development stand with flexible acquisition terms in one of Polokwane’s most promising growth nodes.
Contact us today for more information or to arrange a viewing.
* Monthly costs are estimates and should be confirmed with the agent.
Listed for sale at R9,726,447
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 199 listings in Bendor
Insight
Priced above the median for similar land listings in the area. On a price-per-land-m² basis, it is 50% below the median. Land size is 971% larger than typical for similar land.
Similar properties pricing
Key differences
Market depth
199 similar listings
High similar land inventory in Bendor
Median time on market: 85 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 a sought-after, upscale residential suburb in Polokwane known for its modern homes, proximity to major shopping hubs, and a convenient lifestyle perfect for families and professionals.
* Distances and amenities are approximate.
