Vacant Land For Sale in Polokwane

Property description

Stand 24 is available through a 49.75-year perpetually renewable Notarial Lease, officially registered in the Deeds Office, offering secure long-term tenure with the option for future freehold conversion once the developer completes the transfer.

A 25% upfront payment secures the property, with the balance financed at 8% per annum and adjusted annually according to CPI.

The stand provides full flexibility to construct, bond, and resell, making it an ideal opportunity for developers, investors, or homeowners seeking a versatile and secure property investment.

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.