Vacant Land Residential for sale at 43228 Krugersburg 993 Ls
Position yourself at the heart of Polokwane's growth with this 16,322m² stand — large-scale development potential, renewable 49.75‑year lease and later freehold conversion.
Positioned within a fast-growing node, this 16 322m2 stand presents a prime development opportunity for investors or developers seeking scale and flexibility.
Secure the stand with a 25% first lease payment. The balance is payable over the agreed term. Services begin once the minimum number of stands in the zone are sold.
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 R14,689,800
Compared with 220 active listings in Bendor.
Insight
Priced 715% above the local median — and above the typical range for Bendor.
The premium partly reflects the larger land size; buyers should still compare condition, position, zoning and services before deciding.
Similar properties pricing
Key differences
Good value · based on 220 listings
Large at a premium · based on 220 listings
Market depth
220 listings
Similar homes in Bendor
113 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.
