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Create a live-work lifestyle in Polokwane’s emerging Work-Home-Play precinct — a 1,071 m² stand ideal for a residential home business, with structured lease-to-own options.
This 1,071m2 stand is perfectly positioned for residential-home business development in Limpopo’s emerging Work-Home-Play precinct.
A 25% first lease payment secures the stand, with the remaining balance payable in structured instalments. Services begin once the minimum number of stands in the zone is 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 R1,477,980
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 234 listings in Bendor
Insight
Priced slightly below the median for similar land listings. On a price-per-land-m² basis, it is 19% below the median. Land size is 10% 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: 58 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.
