Vacant Land Residential for sale at 43195 Krugersburg 993 Ls
Create a true live-work lifestyle in Polokwane’s evolving Work-Home-Play precinct on a 1,014m² stand with a 49.75-year renewable notarial lease and option to convert to freehold.
Positioned in the evolving Work-Home-Play development, this 1 014m2 stand offers a balanced option for buyers seeking both residential comfort and entrepreneurial flexibility.
A 25% initial lease payment secures the stand. The balance follows the agreed plan. Services roll out once minimum uptake in the zone is 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 R1,723,800
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 (204 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.
