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
