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Create your ideal home in Polokwane's convenient neighbourhood, with flexible building rights on a 227 m² stand and a 49.75-year renewable Notarial Lease plus future freehold option.
Secure this stand through a 49.75-year renewable Notarial Lease, registered in the Deeds Office, offering long-term tenure with the added benefit of a future freehold conversion option.
A 25% deposit is required upfront, with the balance financed at 8% per annum, subject to CPI-linked escalation.
Enjoy full flexibility to build, obtain a bond, and resell without restriction, making Stand 24 an excellent opportunity for homeowners, developers, or investors seeking security and growth potential.
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 R406,194
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. On a price-per-land-m² basis, it is 5% above the median. Land size is 77% 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: 70 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
Calculate your moving costs to Bendor with the help of our moving partners.
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.
