Embrace live-work convenience in Limpopo’s Work-Home-Play precinct — 671m² stand in Polokwane with home-business potential and renewable leasehold convertible to freehold.
This 671m2 stand provides an excellent entry into Limpopo’s Work-Home-Play precinct, ideal for residential living with home-based business 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 R925,980
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 213 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 27% 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
213 similar listings
High similar land inventory in Bendor
Median time on market: 51 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
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Bendor is an upscale, family-friendly suburb in Polokwane known for its leafy streets, modern homes, and proximity to essential amenities, offering a comfortable and convenient lifestyle.
* Distances and amenities are approximate.