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
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 (196 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.
