Vacant Land Residential for sale at 43308 Logan Street
Create a vibrant work‑home‑play community on 11,586m² in Limpopo’s expanding suburbs, perfect for townhouse clusters or mixed‑use projects — unique 49.75‑year renewable lease with flexible payment plan.
This 11,586m2 stand presents a prime opportunity for residential or Work-Home-Play development in Limpopo’s growing suburbs. Ideal for townhouse clusters, multi-unit projects, or home-business integration, it offers flexibility for developers and investors alike.
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 R9,726,447
How does this home’s price compare with similar properties?
Insight
Larger than typical plots in Bendor — priced R 840/m² vs R 1,438/m² typical.
Compared with 83 homes (199 listings) in Bendor.
The premium partly reflects the larger land size; buyers should still compare condition, position, zoning and services before deciding.
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.
