227 m² Land available in Bendor
Flexible Tenure Stand with Future Freehold Potential
This stand operates under a 49.75-year renewable Notarial Lease with Deeds Office registration, ensuring long-term tenure. 28 upfront remaining balance at 6.6 p.a. CPI escalation. Improvements excluded. Build, bond, and resell rights preserved Freehold conversion feasible.
Leasehold Zoned Vacant Land Polokwane: You dont buy the land outrightyou 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 valuebuildingsimprovements are excluded. Escalation is CPI-based, you can build, finance banks can bond, and resell like normal ownership.
Property details
- Listing number T5494285
- Property type Residential Land
- Listing date 21 May 2026
- Land size 227 m²