Vacant Land Residential for sale at 43182 Krugersburg 993 Ls
Integrated Work-Home-Play living in Polokwane's vibrant precinct; 861m² stand ideal for a private garden or entertainment courtyard, leasehold secured on a renewable notarial term.
This 861m2 stand offers a balanced option within the Work-Home-Play precinct, suited to comfortable residential development.
A 25% initial lease payment secures the stand. The remaining balance follows the agreed plan. Services begin once minimum sales are 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 R1,463,700
How does this home’s price compare with similar properties?
Insight
Smaller than typical plots in Bendor — priced R 1,700/m² vs R 1,426/m² typical.
Compared with 87 homes (205 listings) in Bendor.
It's smaller 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.