Create a flexible live-work lifestyle in Polokwane’s Work-Home-Play precinct — 938m² stand offering home-enterprise zoning, leasehold with option to convert to freehold.
Situated in Limpopo’s innovative Work-Home-Play precinct, this 938m2 stand is ideal for buyers seeking flexibility between residential comfort and home enterprise use.
A 25% initial lease payment secures the property. The balance is payable per the agreed plan. Services commence once minimum zone uptake is achieved.
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 R1,594,600
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 219 listings in Bendor
Insight
Priced close to the median for similar land listings.
Similar properties pricing
Key differences
Affordability
R 15,653 / month
Estimated bond repayment
20 years · 10.25% · 0% deposit
Market depth
219 similar listings
High similar land inventory in Bendor
Median time on market: 53 days
* Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal. Smart Property Insights Model v1.0
Bendor is an upscale residential suburb in Polokwane known for its leafy streets, modern homes, and proximity to essential amenities, making it a desirable location for families and professionals.
* Distances and amenities are approximate.