Investor & Developer Opportunity – 12 724 sqm Development Land in Bendor Ext 126

Located in the rapidly developing Bendor Ext 126, this 12 724 sqm development stand presents an exceptional opportunity for investors and developers seeking to capitalise on the area’s continued residential growth and demand.

The property is ideally suited for a townhouse complex or apartment development, offering generous space for a well-planned residential project with excellent long-term investment potential.

Services installation will commence once the minimum required number of stands has been sold, allowing developers valuable time to complete planning, approvals, architectural designs, and development preparations before construction commences.

This property is available on a leasehold basis and can be secured with a 25% upfront payment. The lease can be secured for up to 49.75 years and renewed as a registered notarial lease at the Deeds Office. Buyers will also have the future option to convert the property to freehold ownership once the developer has finalised the freehold purchase.

Key Investment Highlights:

12 724 sqm development land

Ideal for townhouse or apartment development

Situated in the growing Bendor Ext 126

Flexible leasehold structure with 25% upfront payment

Lease term of up to 49.75 years

Future freehold conversion option

Strong development and investment potential

An outstanding opportunity to secure prime development land in one of Polokwane’s expanding residential nodes, offering flexibility, scalability, and excellent future growth prospects.