Vacant Land Residential for sale at 43232 Krugersburg 993 Ls
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
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.
