Loading property...
+9
More Photos
Embrace flexible Work-Home-Play living in Polokwane with this 671 m² leasehold stand — ideal for a home-based business, with renewable lease and future freehold potential.
This 671m2 stand offers a practical entry into modern Work-Home-Play living, suitable for residential and home-based business use.
A 25% first lease payment secures the stand, with the remaining balance payable according to the agreed plan. Development services begin once the minimum number of stands in the zone are committed.
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 R925,980
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 224 listings in Bendor
Insight
Priced below the median for similar land listings in the area. On a price-per-land-m² basis, it is 19% below the median. Land size is 30% smaller than typical for similar land.
Similar properties pricing
Key differences
Affordability
R 9,090 / month
Estimated bond repayment
20 years · 10.25% · 0% deposit
Market depth
224 similar listings
High similar land inventory in Bendor
Median time on market: 55 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 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.
