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Create a family haven in Polokwane with a generous 1,315 m² plot — level building site with room for gardens and a pool; secure, renewable 49.75-year leasehold.
Slightly larger than entry options, offering excellent potential for a comfortable family residence or investment build.
Secure with 25% first lease payment; balance payable as agreed. Services commence once uptake is achieved.
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 R2,235,500
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 213 listings in Bendor
Insight
Priced above the median for similar land listings in the area. Land size is 43% larger than typical for similar land.
Similar properties pricing
Key differences
Affordability
R 21,945 / month
Estimated bond repayment
20 years · 10.25% · 0% deposit
Market depth
213 similar listings
High similar land inventory in Bendor
Median time on market: 51 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
Bendor is an upscale, family-friendly suburb in Polokwane known for its leafy streets, modern homes, and proximity to essential amenities, offering a comfortable and convenient lifestyle.
* Distances and amenities are approximate.