Vacant Land Residential for sale at Diemeer
Create a connected live-work community in Polokwane’s growth corridor — 18 contiguous entrepreneurial stands (avg 313m²) ideal for mixed-use development, leasehold with eventual freehold option.
Erf 43429–43446 offered as a complete batch of 18 Special Entrepreneurial Dwelling stands in Phase 4a & 5a. This 5,632m2 combined development opportunity features an average stand size of 313m2 each and is ideal for integrated residential and associated business activities.
A 25% first lease payment secures the stand, with the balance payable according to the agreed plan. Services commence once the minimum number of stands in the zone are sold.
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 R8,784,977
How does this home’s price compare with similar properties?
Insight
Larger than typical plots in Bendor — priced R 1,560/m² vs R 1,438/m² typical.
Compared with 83 homes (199 listings) in Bendor.
It's larger 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.
Bendor is a sought-after, modern residential suburb in Polokwane known for its convenient proximity to major shopping hubs, reputable schools, and a high quality of suburban living.
