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Live, work and play in Polokwane’s Work‑Home‑Play precinct — generous 1,032m² stand with space for a home-based business and potential future freehold conversion.
This generous 1 032m2 stand forms part of Limpopo’s innovative Work-Home-Play precinct, offering the flexibility to create a comfortable residence with space for home-based business activities.
A 25% first lease payment secures the stand, with the balance payable according to the agreed structure. 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.
* Monthly costs are estimates and should be confirmed with the agent.
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
Market depth
234 similar listings
High similar land inventory in Bendor
Median time on market: 62 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 a sought-after, upscale residential suburb in Polokwane known for its modern homes, proximity to major shopping hubs, and a convenient lifestyle perfect for families and professionals.
* Distances and amenities are approximate.
