Vacant Land Residential for sale at 43287 Logan Street
Create a convenient live-work lifestyle in Polokwane — compact 671m² stand zoned for Work-Home-Play, ideal for first-time developers or investors with a renewable 49.75-year lease.
Perfectly suited for compact Work-Home-Play development, this 671m2 stand allows for comfortable residential living while supporting home-based business activities. An excellent option for first-time developers or investors.
Secure the stand with a 25% first lease payment, with the remaining balance payable in structured instalments. Services begin once the minimum uptake in the zone 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 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.
