Vacant Land For Sale in Polokwane

Property description

This 11,768m² stand offers a unique chance to combine residential living with home-based business opportunities in Limpopo’s emerging suburb. Its size is ideal for boutique residential-business projects.
A 25% first lease payment secures your stand, and the balance is structured according to your chosen plan. Development services begin once the minimum number of stands in the zone is committed.

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.