Vacant Land Residential for sale at 43372 Logan Street
Create your ideal urban plot in Polokwane with secure 49.75-year renewable Notarial Lease and future freehold conversion potential; 227 m², build, bond and resell permitted.
This stand operates under a 49.75-year renewable Notarial Lease with Deeds Office registration, providing long-term security. 27% upfront; balance at 7.2% p.a. CPI escalation. Improvements excluded. Build, bond, and resell permitted; future Freehold conversion potential.
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 R406,194
Compared with 229 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 229 listings
Compact at a premium · based on 229 listings
Market depth
229 listings
Similar homes in Bendor
127 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.
