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Embrace live-work convenience near Polokwane amenities on a flexible 1,256 m² stand with a 49.75-year renewable notarial lease—ideal for a home-office and future freehold.
This 1,256m2 stand is offered under a 49.75-year renewable Notarial Lease with Deeds Office registration, ideal for creating a home with business or home-office potential. The stand allows flexibility to build and resell.
A 25% first lease payment secures the stand; balance payable according to the agreed plan.
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 R2,135,200
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. Land size is 32% larger than typical for similar land.
Similar properties pricing
Key differences
Affordability
R 20,960 / 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
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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.
