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Create a vibrant work‑home‑play community on 11,586m² in Limpopo’s expanding suburbs, perfect for townhouse clusters or mixed‑use projects — unique 49.75‑year renewable lease with flexible payment plan.
This 11,586m2 stand presents a prime opportunity for residential or Work-Home-Play development in Limpopo’s growing suburbs. Ideal for townhouse clusters, multi-unit projects, or home-business integration, it offers flexibility for developers and investors alike.
A 25% first lease payment secures the stand, with the balance payable according to the agreed plan. 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 R9,726,447
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 234 listings in Bendor
Insight
Priced above the median for similar land listings in the area. On a price-per-land-m² basis, it is 51% below the median. Land size is 1094% larger 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: 59 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.
