Vacant Land Residential for sale
Affordable 912m2 residential stand – secure your future today
Design your dream home on a generous 912m² stand in growing Polokwane, with flexible lease-to-own terms (49.75-year notarial lease convertible to freehold) and affordable entry.
An excellent opportunity to secure a well-sized 912m2 residential stand in a growing area of Polokwane. Perfect for buyers looking to build their dream home or investors seeking long-term value, this stand offers affordability, flexibility, and low-maintenance living potential.
This development introduces a smart and accessible way to own property through a long-term leasehold structure. Instead of purchasing the land outright, you secure your stand on a 49.75-year Notarial Lease, registered in the Deeds Office, giving you peace of mind and legal security. Even better, there is an option to convert to full freehold ownership once the developer finalises the process.
Flexible Payment Structure:
- Secure your stand with only a 25% upfront payment
- The remaining balance (up to 75%) is payable via a monthly lease
- Lease calculated at 8% per annum on the outstanding balance
- Annual escalation linked to CPI for transparency and predictability
Key Benefits:
- Full rights to build your own home
- Ability to obtain bank finance (bond approval possible)
- Freedom to sell your property as you would with traditional ownership
- Buildings and improvements are fully yours and excluded from lease calculations
Services will be installed once sufficient uptake is reached, making this the perfect time to get in early and secure your stand at an affordable entry point.
Don’t miss out on this unique opportunity to enter the property market with a flexible and forward-thinking ownership model.
Contact us today to secure your stand!
Ownership costs
Property history
Listed for sale at R1,550,400
Smart property insights
How does this home’s price compare with similar properties?
Insight
Priced 14% above the local median - but still inside the typical range in Bendor.
Compared with 42 homes (52 listings) in Bendor.
It is higher per m² than typical, which helps explain where it sits in the range.
MyProperty Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
