Create a vibrant mixed-use lifestyle in Limpopo's Work-Home-Play precinct near Polokwane — a flexible 12,408 m² site with renewable 49.75-year notarial lease, ideal for residential or investment.
A well-positioned 12 408m2 site within Limpopo’s Work-Home-Play development, offering flexibility for a variety of residential or investment-driven projects.
A 25% first lease payment secures the stand, with the balance payable as per the agreed plan. Services will commence once minimum uptake in the zone is reached.
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 R11,167,200
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 211 listings in Bendor
Insight
Priced above the median for similar land listings in the area. On a price-per-land-m² basis, it is 47% below the median. Land size is 1250% larger than typical for similar land.
Similar properties pricing
Key differences
Affordability
R 109,622 / month
Estimated bond repayment
20 years · 10.25% · 0% deposit
Market depth
211 similar listings
High similar land inventory in Bendor
Median time on market: 50 days
* Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal. Smart Property Insights Model v1.0
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Bendor is an upscale, family-friendly suburb in Polokwane known for its leafy streets, modern homes, and proximity to essential amenities, offering a comfortable and convenient lifestyle.
* Distances and amenities are approximate.