$906,720

Unimproved Land Polokwane

  • 4.04 Ac lot
  • Updated: Yesterday
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About the Property

Positioned within a fast-growing node, this 16 322m² stand presents a prime development opportunity for investors or developers seeking scale and flexibility.
Secure the stand with a 25% first lease payment. The balance is payable over the agreed term. Services begin once the minimum number of stands in the zone are sold.

Leasehold Zoned Vacant Land (Polokwane): You don’t buy the land
Positioned within a fast-growing node, this 16 322m² stand presents a prime development opportunity for investors or developers seeking scale and flexibility.
Secure the stand with a 25% first lease payment. The balance is payable over the agreed term. Services begin once the minimum number of stands in the zone are 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.
  • Property type

    Land

Explore the Area

43228 KRUGERSBURG 993 LS, Polokwane, Limpopo 0699, Bendor Park, South Africa View on Google Maps
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Nadine Phillips

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Nadine Phillips
South Africa
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15
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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
Yesterday
First listed
Mar 24
Listing reference
2097351244694734
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