Vacant Land Residential for sale at 43305 Logan Street
Create a relaxed suburban community in Polokwane’s growing Limpopo suburbs on a spacious 4,480 m² stand — ideal for townhouse clusters with flexible lease-to-own tenure.
This 4,480m2 Residential 2 stand presents a prime opportunity for developers looking to establish townhouse clusters or small residential complexes in Limpopo’s expanding suburbs. Its size and zoning make it suitable for medium-density residential projects with strong investment potential.
A 25% first lease payment secures the stand, with the balance payable according to the agreed plan. Services commence once the minimum number of stands in the zone are 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 R3,864,000
How does this home’s price compare with similar properties?
Insight
Larger than typical plots in Bendor — priced R 863/m² vs R 1,438/m² typical.
Compared with 83 homes (199 listings) in Bendor.
It's larger 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.
