Vacant Land For Sale in Polokwane

Property description

Step into a prime opportunity in Limpopo’s fast-growing hub with this 17,701m² stand. Perfect for Work-Home-Play concepts, it allows for residential living while accommodating home-based business activities. A 25% first lease payment secures your stand, with the balance payable according to the agreed plan. Services commence once the zone reaches the minimum number of stands sold, allowing you to start development and enjoy immediate Work-Home-Play 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.