Vacant Land Residential for sale at 43298 Van Der Merwe Street
Create a live-work lifestyle in Polokwane’s emerging suburbs — versatile 736m² stand ideal for work‑home‑play development, leasehold with long-term renewable option and structured payments.
This 736m2 stand provides an excellent opportunity for Work-Home-Play development, suitable for residential and home-based business use in Limpopo’s emerging suburbs.
Secure the stand with a 25% first lease payment; the remaining balance is payable in structured instalments. Services begin once the minimum number of stands 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 R1,058,000
Compared with 229 active listings in Bendor.
Insight
Priced 41% below the local median — but still inside the typical range for Bendor.
It's smaller than typical, which helps explain where it sits in the range.
Similar properties pricing
Key differences
Good value · based on 229 listings
More compact · based on 229 listings
Market depth
229 listings
Similar homes in Bendor
131 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.
