Vacant Land Residential for sale at 43234 Krugersburg 993 Ls
Prime development opportunity in Polokwane offering flexible planning and future conversion to freehold — expansive 14,170 m² stand with renewable 49.75‑year notarial lease and building rights.
Extensive stand offering excellent scope for future development or strategic land holding.
Secure with 25% first lease payment; balance payable as agreed. Services commence once uptake 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 R12,753,000
Compared with 229 active listings in Bendor.
Insight
Priced 617% 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 229 listings
Large at a premium · based on 229 listings
Market depth
229 listings
Similar homes in Bendor
129 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.
