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
Compared with 206 active listings in Bendor.
Insight
Priced 940% above the local median — and above the typical range for Bendor.
The premium partly reflects the larger land size; buyers should still compare condition, position, zoning and services before deciding.
Similar properties pricing
Key differences
Good value · based on 206 listings
Large at a premium · based on 206 listings
Market depth
206 listings
Similar homes in Bendor
134 days
Median time on market
Many similar homes
Active in Bendor
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, upscale residential suburb in Polokwane known for its modern homes, proximity to major shopping hubs, and a convenient lifestyle perfect for families and professionals.