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Flexible work-home lifestyle in Polokwane's modern Work-Home-Play precinct, 228m² stand with secure notarial lease and phased payment plan—ideal for live-work businesses and future freehold conversion.
This 228m2 stand offers a smart entry into a modern Work-Home-Play development, suitable for residential and home-based business integration.
A 25% first lease payment secures the stand, with the balance payable in structured instalments. Services commence once the minimum number of stands 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 R407,983
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 219 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 76% smaller than typical for similar land.
Similar properties pricing
Key differences
Affordability
R 4,005 / month
Estimated bond repayment
20 years · 10.25% · 0% deposit
Market depth
219 similar listings
High similar land inventory in Bendor
Median time on market: 54 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
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.
