$1,471,573

Unimproved Land Polokwane

  • 6.55 Ac lot
  • Updated: Today
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About the Property

This expansive 26 490m² site presents a prime large-scale development opportunity within Limpopo’s growing Work-Home-Play precinct, ideal for a mixed residential and business-focused project.
A 25% first lease payment secures the property, with the remaining balance payable according to the agreed structure. Services commence once minimum uptake within the zone is achieved.

Leasehold
This expansive 26 490m² site presents a prime large-scale development opportunity within Limpopo’s growing Work-Home-Play precinct, ideal for a mixed residential and business-focused project.
A 25% first lease payment secures the property, with the remaining balance payable according to the agreed structure. Services commence once minimum uptake within the zone is achieved.

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.
  • Property type

    Land

Explore the Area

43230 KRUGERSBURG 993 LS, Polokwane, Limpopo 0699, Bendor Park, South Africa View on Google Maps
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Alwyn Smit

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Alwyn Smit
South Africa
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18
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2026
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KW North
KW North
23 Bastion Crescent, Myngenoegen, Polokwane, South Africa
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Last updated
Today
First listed
Mar 24
Listing reference
2097286056049062
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