Vacant Land Residential for sale at 43138 Krugersburg 993 Ls
Create a live-work lifestyle in central Polokwane on a spacious 1,238m² stand, zoned for residential/business use with a secure renewable 49.75-year notarial lease.
This 1 238m2 stand is ideal for buyers seeking a balanced residential and business-use opportunity.
Secure with a 25% first lease payment; balance payable over the agreed structure. Services begin once the threshold is met.
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 R2,104,600
How does this home’s price compare with similar properties?
Insight
Priced close to the local median, and inside the typical range in Bendor.
Compared with 87 homes (178 listings) in Bendor.
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.