Vacant Land Residential for sale at 43152 Krugersburg 993 Ls
Create a stylish indoor–outdoor family retreat on a generous 1,261m² stand in Polokwane, secured by a renewable 49.75-year notarial lease with future freehold option.
This 1,261m2 stand is available under a 49.75-year renewable Notarial Lease with Deeds Office registration, perfect for building a stylish home or investment property. Its size allows for a combination of indoor and outdoor living spaces.
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 R2,143,700
How does this home’s price compare with similar properties?
Insight
Priced 7% above the local median - but still inside the typical range in Bendor.
Compared with 94 homes (189 listings) in Bendor.
It is higher per m² 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.
