Vacant Land Residential for sale at 43271 Logan Street
Embrace flexible Work-Home-Play living in Polokwane with this 671 m² leasehold stand — ideal for a home-based business, with renewable lease and future freehold potential.
This 671m2 stand offers a practical entry into modern Work-Home-Play living, suitable for residential and home-based business use.
A 25% first lease payment secures the stand, with the remaining balance payable according to the agreed plan. Development services begin once the minimum number of stands in the zone are committed.
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 R925,980
How does this home’s price compare with similar properties?
Insight
Smaller than typical plots in Bendor — priced R 1,380/m² vs R 1,438/m² typical.
Compared with 83 homes (181 listings) in Bendor.
The lower price may partly reflect the smaller land size.
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.
