Vacant Land For Sale in Polokwane

Property description

This 671m² stand offers a flexible platform for residential and home-business integration within Limpopo’s Work-Home-Play precinct.
A 25% first lease payment secures the stand, with the remaining balance payable in structured instalments. 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.