227 m² Land available in Bendor

227 m²

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

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