Vacant Land Residential for sale at 43231 Krugersburg 993 Ls
Develop a vibrant residential community in fast-growing Polokwane precinct, with a generous 14,444 m² development footprint and flexible lease-to-freehold terms for long-term projects.
This substantial 14 444m2 stand offers excellent potential for developers looking to establish a residential project within a fast-growing precinct.
Secure the stand with a 25% first lease payment. The remaining 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 R12,999,600
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 83 homes (199 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.
