Vacant Land Residential For Sale in Bendor

This expansive 27,139m2 stand presents a significant opportunity for large-scale residential or Work-Home-Play development in Limpopo’s growth corridor. Perfect for townhouse clusters, multi-unit residential projects, or integrated home-business living, the stand provides flexibility and long-term investment potential.

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.