Vacant Land Residential for sale at 43311 Diemeer
Create a dynamic work–home–play community in a rapidly expanding Polokwane suburb on a 22,052 m² stand, with renewable 49.75‑year notarial lease and home-based businesses permitted.
This 22,052m2 stand is ideal for developers seeking large-scale Work-Home-Play opportunities in a rapidly expanding Limpopo suburb. Residential use is permitted alongside home-based business activities, giving freedom without rezoning. A 25% first lease payment is required, with the balance payable in structured instalments. Services begin once the minimum number of stands in the zone are sold, enabling development momentum
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 R19,019,850
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.
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.
