Vacant Land For Sale in Polokwane

Property description

Secure this stand through a 49.75-year renewable Notarial Lease, registered in the Deeds Office, offering long-term tenure with the added benefit of a future freehold conversion option.

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

Enjoy full flexibility to build, obtain a bond, and resell without restriction, making Stand 24 an excellent opportunity for homeowners, developers, or investors seeking security and growth potential.

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.