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Integrated Work-Home-Play living in Polokwane's vibrant precinct; 861m² stand ideal for a private garden or entertainment courtyard, leasehold secured on a renewable notarial term.
This 861m2 stand offers a balanced option within the Work-Home-Play precinct, suited to comfortable residential development.
A 25% initial lease payment secures the stand. The remaining balance follows the agreed plan. Services begin once minimum sales are 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.
* Monthly costs are estimates and should be confirmed with the agent.
Listed for sale at R1,463,700
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 234 listings in Bendor
Insight
Priced below the median for similar land listings in the area. Land size is 11% smaller than typical for similar land.
Similar properties pricing
Key differences
Market depth
234 similar listings
High similar land inventory in Bendor
Median time on market: 58 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.
