Vacant Land Residential for sale at 43227 Krugersburg 993 Ls
Build a vibrant live-work-play community in Polokwane's growing precinct — expansive 17,210m² development-ready site with mixed-use potential and renewable notarial lease option for developers.
This substantial 17 210m2 site offers an excellent opportunity for large-scale residential or mixed-use development within Limpopo’s expanding Work-Home-Play precinct. Ideal for developers looking to create a cohesive project with long-term value.
A 25% first lease payment secures the stand, with the remaining balance payable according to the agreed structure. Services commence once minimum uptake within 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 R15,489,000
How does this home’s price compare with similar properties?
Insight
Larger than typical plots in Bendor — priced R 900/m² vs R 1,438/m² typical.
Compared with 87 homes (204 listings) in Bendor.
The premium partly reflects the larger land size; buyers should still compare condition, position, zoning and services before deciding.
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.
