Vacant Land Residential for sale at 43373 Logan Street
Build your dream home in Polokwane’s growing neighbourhood on a build-ready 295 m² plot, with registered 49.75-year notarial lease and option to convert to freehold.
Stand available on a 49.75-year renewable Notarial Lease with Deeds Office registration, offering stable tenure. Pay 23% upfront; balance at 6.9% p.a. CPI escalation. Improvements excluded. Build, bond, and resell rights preserved; 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 R527,873
Compared with 228 active listings in Bendor.
Insight
Priced 70% 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 228 listings
Compact at a premium · based on 228 listings
Market depth
228 listings
Similar homes in Bendor
125 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.
