Vacant Land Residential for sale at 43301 Van Der Merwe Street
Create a live-work lifestyle in Polokwane’s emerging Work-Home-Play precinct — a 1,071 m² stand ideal for a residential home business, with structured lease-to-own options.
This 1,071m2 stand is perfectly positioned for residential-home business development in Limpopo’s emerging Work-Home-Play precinct.
A 25% first lease payment secures the stand, with the remaining balance payable in structured instalments. Services begin once the minimum number of stands in the zone is 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 R1,477,980
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 (199 listings) in Bendor.
It's smaller than typical, which helps explain where it sits in the range.
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.
