Vacant Land For Sale in Polokwane

Property description

This impressive 1 088m² stand is positioned within Limpopo’s Work-Home-Play development, offering space and flexibility for future growth.
A 25% first lease payment secures the stand. The balance is payable over the agreed plan. Services commence once the required 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.