Vacant Land Residential for sale at 43151 Krugersburg 993 Ls
Create a custom home or development in Polokwane’s growing neighbourhood, on a spacious 1,258 m² stand with a 49.75‑year renewable Notarial Lease and flexible 25% deposit terms.
This 1,258m2 stand under a 49.75-year renewable Notarial Lease is ideal for developers or homeowners seeking a secure plot in a growing neighborhood. The stand provides ample space for creative design.
A 25% first lease payment secures the stand; balance payable according to the agreed plan.
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 R2,138,600
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 83 homes (172 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.
