Vacant Land Residential For Sale in Bendor

This attractive 1 088m2 stand forms part of Limpopo’s Work-Home-Play node, providing excellent space for creative residential development.

The stand is secured with a 25% initial lease payment. The balance is payable over the agreed term. Services commence once required sales levels are reached.

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.