Vacant Land For Sale in Polokwane

Property description

Acquire this stand on a 49.75-year perpetually renewable Notarial Lease, registered in the Deeds Office, ensuring long-term security of tenure. Freehold conversion is available once the developer finalizes transfer, offering future ownership flexibility.

A 25% deposit secures the property, with the balance financed at 8% per annum, subject to CPI-linked escalation.

Enjoy the freedom to build and resell without restriction, making Stand 24 an attractive opportunity for investors, developers, or owner-occupiers seeking both flexibility and long-term value.

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.