Vacant Land Residential for sale at 43367 Logan Street
Design your dream home in Polokwane on a build-ready 227 m² plot with a long renewable notarial lease, bondable finance and future freehold conversion — close to local amenities.
A resilient stand under a 49.75-year renewable Notarial Lease with Deeds Office registration, offering stable tenure. 30% upfront payment, remaining balance at 6.8% p.a. CPI escalation. Improvements excluded. Rights to construct, bond, and resell preserved; future Freehold conversion possible.
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 R407,983
Compared with 220 active listings in Bendor.
Insight
Priced 77% below the local median — and below the typical range for Bendor.
The lower price may partly reflect the smaller land size.
Similar properties pricing
Key differences
Premium priced · based on 220 listings
Compact at a premium · based on 220 listings
Market depth
220 listings
Similar homes in Bendor
118 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.
