Vacant Land Residential for sale at 43136 Krugersburg 993 Ls
Design your ideal mixed-use space close to Polokwane amenities, on a 1,187 m² development stand within a structured mixed-use precinct — renewable 49.75-year notarial lease with flexible payment terms.
This 1 187m2 stand provides a practical development footprint within a structured mixed-use precinct.
Secure with a 25% first lease payment; balance payable as agreed. Services roll out once minimum uptake is 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.
Listed for sale at R2,017,900
How does this home’s price compare with similar properties?
Insight
Priced 5% below the local median - but still inside the typical range in Bendor.
Smaller than typical plots here, so it costs less overall but more per m².
Compared with 87 homes (178 listings) in Bendor.
It's smaller than typical, which helps explain where it sits in the range.
MyProperty Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Bendor is a sought-after, modern residential suburb in Polokwane known for its convenient proximity to major shopping hubs, reputable schools, and a high quality of suburban living.
