Vacant Land Residential for sale at 43300 Van Der Merwe Street
Create a live-work lifestyle in Polokwane’s growing precinct, ideal for home-based businesses with Work-Home-Play zoning. 975 m² stand on renewable 49.75-year lease option.
This 975m2 stand provides an ideal opportunity for residential living with home-based business activities within a Work-Home-Play environment.
Secure your stand with a 25% first lease payment; the remaining balance is payable according to the agreed plan. Services commence once the minimum uptake 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 R1,345,500
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 (199 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.
