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
Compared with 230 active listings in Bendor.
Insight
Priced 21% above the local median — but still inside the typical range for Bendor.
It's larger than typical, which helps explain where it sits in the range.
Similar properties pricing
Key differences
Typical pricing · based on 230 listings
Above-average space · based on 230 listings
Market depth
230 listings
Similar homes in Bendor
123 days
Median time on market
Many similar homes
Active in Bendor
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, upscale residential suburb in Polokwane known for its modern homes, proximity to major shopping hubs, and a convenient lifestyle perfect for families and professionals.
