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Create a dynamic work–home–play community in a rapidly expanding Polokwane suburb on a 22,052 m² stand, with renewable 49.75‑year notarial lease and home-based businesses permitted.
This 22,052m2 stand is ideal for developers seeking large-scale Work-Home-Play opportunities in a rapidly expanding Limpopo suburb. Residential use is permitted alongside home-based business activities, giving freedom without rezoning. A 25% first lease payment is required, with the balance payable in structured instalments. Services begin once the minimum number of stands in the zone are sold, enabling development momentum
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 R19,019,850
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 225 listings in Bendor
Insight
Priced above the median for similar land listings in the area. On a price-per-land-m² basis, it is 49% below the median. Land size is 2216% larger than typical for similar land.
Similar properties pricing
Key differences
Affordability
R 186,707 / month
Estimated bond repayment
20 years · 10.25% · 0% deposit
Market depth
225 similar listings
High similar land inventory in Bendor
Median time on market: 56 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.
