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Create a live-work lifestyle in Limpopo’s thriving Work-Home-Play hub — 671 m² stand ideal for home-based business, on a 49.75-year renewable notarial lease with conversion option.
A well-positioned 671m2 stand perfect for residential and home-based business development in Limpopo’s growing Work-Home-Play hub.
Secure your stand with a 25% first lease payment, with the balance payable according to the agreed plan. Services commence once the minimum uptake in the zone is reached.
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 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 19% below the median. Land size is 28% 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
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.