$689,289

Unimproved Land Polokwane

  • 3.07 Ac lot
  • Updated: Today

About the Property

A well-positioned 12 408m² site within Limpopo’s Work-Home-Play development, offering flexibility for a variety of residential or investment-driven projects.
A 25% first lease payment secures the stand, with the balance payable as per the agreed plan. Services will commence once minimum uptake in the zone is reached.

Leasehold Zoned Vacant Land (Polokwane): You don’t buy the land outr
A well-positioned 12 408m² site within Limpopo’s Work-Home-Play development, offering flexibility for a variety of residential or investment-driven projects.
A 25% first lease payment secures the stand, with the balance payable as per the agreed plan. Services will commence once 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.
  • Property type

    Land

Explore the Area

43232 KRUGERSBURG 993 LS, Polokwane, Limpopo 0699, Bendor Park, South Africa View on Google Maps
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Alwyn Smit

Joined 6 months ago
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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
2097305242690792
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