Vacant Land For Sale in Polokwane

Property description

Erf 43429–43446 offered as a complete batch of 18 Special Entrepreneurial Dwelling stands in Phase 4a & 5a. This 5,632m² combined development opportunity features an average stand size of 313m² each and is ideal for integrated residential and associated business activities.
A 25% first lease payment secures the stand, with the balance payable according to the agreed plan. Services commence once the minimum number of stands in the zone are sold.

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.