Vacant Land Residential for sale at 43202 Krugersburg 993 Ls
Embrace Work-Home-Play living in Limpopo’s vibrant Polokwane precinct — a generous 1,088 m² stand with a secured 49.75-year notarial lease, convertible to freehold.
This 1 088m2 stand offers a valuable opportunity to establish a home within Limpopo’s dynamic Work-Home-Play environment.
The property is secured with a 25% first lease payment. The remaining balance is structured according to the agreed payment plan. Services commence once minimum sales levels 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 R1,849,600
Compared with 220 active listings in Bendor.
Insight
Priced close to the local median, and inside the typical range for Bendor.
Similar properties pricing
Key differences
Typical pricing · based on 220 listings
Typical size · based on 220 listings
Market depth
220 listings
Similar homes in Bendor
119 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.