Live, work and play from the heart of the sought-after Work-Home-Play node, walking distance to amenities; generous 1,032 m² stand with flexible lease-to-own payment structure.
Positioned in the sought-after Work-Home-Play node, this 1 032m2 stand provides ample development potential.
Secure the stand with a 25% initial lease payment. The balance is payable over time. Services begin once minimum uptake is 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.
Listed for sale at R1,754,400
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 234 listings in Bendor
Insight
Priced slightly above the median for similar land listings.
Similar properties pricing
Key differences
Affordability
R 17,222 / month
Estimated bond repayment
20 years · 10.25% · 0% deposit
Market depth
234 similar listings
High similar land inventory in Bendor
Median time on market: 57 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.