Vacant Land Residential for sale at 43381 Logan Street
Create your dream home in Polokwane's expanding neighbourhood, minutes from amenities and transport. 227 m² build-ready plot with 49.75-year renewable notarial lease and freehold conversion option.
This stand operates under a 49.75-year renewable Notarial Lease with Deeds Office registration, ensuring long-term tenure. 28% upfront; remaining balance at 6.6% p.a. CPI escalation. Improvements excluded. Build, bond, and resell rights preserved; Freehold conversion feasible.
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 206 active listings in Bendor.
Insight
Priced 78% 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 206 listings
Compact 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.
