This vacant stand represent a development opportunity in the rapidly expanding medical and retail hub of Polokwane.
Strategically positioned near key healthcare milestones, including the Netcare Pholoso Hospital and the soon to be completed Netcare Akeso Psychiatric Hospital. This land is perfectly primed for high demand rental or sales stock catering to medical professionals and young families alike.
Prime Development Opportunity: 12 Unit Residential Site
The Location: The Heart of Polokwane’s (Sterpark)
This property sits in one of the most sought after pockets of the city, offering unparalleled convenience:
Medical Hub:
Walking distance or a short 1.5km drive to Netcare Pholoso Hospital and the new Netcare Akeso Psychiatric Hospital (opening 2026), creating a massive built-in market for staff housing and specialized medical suites.
Retail & Lifestyle:
Located within minutes of Savanna Mall, providing easy access to over 100 shops, banking facilities, and restaurants.
Accessibility:
Quick access to major arterial routes, including the R71 (Tzaneen Road) and the N1, making it a commuter’s dream.
The Potential: Shovel-Ready for Growth
Zoned as Residential 2, the heavy lifting of land-use rights has already been handled.
Density:
Pre-approved for the construction of 12 modern townhouses.
Market Demand:
There is a proven shortage of secure, high-quality townhouse living in this specific precinct, driven by the influx of healthcare specialists and administrative staff.
Investment Security:
Situated in a high-value area surrounded by established estates like Serala View and Bendor, ensuring strong capital appreciation.
Financial Advantage: VAT Inclusive & Transfer Duty-Free
A significant benefit for the developer is the tax structure of this transaction. The asking price includes VAT, as the seller is a VAT-registered entity. This means that for a VAT-registered purchaser, the VAT component may be claimed back as input tax (subject to SARS criteria). Furthermore, because this is a VAT transaction, no Transfer Duty is payable, offering a substantial upfront saving on your acquisition costs and improving your initial cash flow.
Key Features:
Zoning: Residential 2
Permitted Units: 12 Townhouses
Proximity:
