Vacant Land Residential for sale at 43241 Krugersburg 993 Ls
Establish a community-focused campus in Limpopo’s Work-Home-Play precinct, ideal for schools, clinics or community hubs. Generous 20,390 m² stand with renewable 49.75-year notarial lease and freehold conversion option.
This substantial 20 390m2 institutional stand is ideally positioned within Limpopo’s Work-Home-Play precinct, making it well-suited for educational, medical, or community-based developments.
A 25% first lease payment secures the stand, with the remaining balance payable according to the agreed structure. Services commence 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 R15,292,500
Compared with 220 active listings in Bendor.
Insight
Priced 748% 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
115 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.
