Vacant Land Residential for sale at 43180 Krugersburg 993 Ls
Create a live-work lifestyle in Polokwane’s vibrant Work-Home-Play precinct — a rare 1,470 m² stand with flexible lease-to-own terms and strong development potential.
One of the larger opportunities in the Work-Home-Play precinct, this 1 470m2 stand provides outstanding development potential.
The property is secured via a 25% first lease payment, with the balance payable per the agreed schedule. Services begin once the zone 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 R2,499,000
How does this home’s price compare with similar properties?
Insight
Priced 18% above the local median - but still inside the typical range in Bendor.
Compared with 87 homes (205 listings) in Bendor.
It's larger 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.
