Vacant Land Residential for sale at Krugersburg 993 Ls
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.
Listed for sale at R1,754,400
How does this home’s price compare with similar properties?
Insight
Smaller than typical plots in Bendor — priced R 1,700/m² vs R 1,426/m² typical.
Compared with 87 homes (178 listings) in Bendor.
It's smaller than typical, which helps explain where it sits in the range.
MyProperty Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Bendor is a sought-after, modern residential suburb in Polokwane known for its convenient proximity to major shopping hubs, reputable schools, and a high quality of suburban living.
