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Create a relaxed suburban community in Polokwane’s growing Limpopo suburbs on a spacious 4,480 m² stand — ideal for townhouse clusters with flexible lease-to-own tenure.
This 4,480m2 Residential 2 stand presents a prime opportunity for developers looking to establish townhouse clusters or small residential complexes in Limpopo’s expanding suburbs. Its size and zoning make it suitable for medium-density residential projects with strong investment potential.
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.
Listed for sale at R3,864,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 225 listings in Bendor
Insight
Priced above the median for similar land listings in the area. On a price-per-land-m² basis, it is 49% below the median. Land size is 371% larger than typical for similar land.
Similar properties pricing
Key differences
Affordability
R 37,931 / month
Estimated bond repayment
20 years · 10.25% · 0% deposit
Market depth
225 similar listings
High similar land inventory in Bendor
Median time on market: 56 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.
