Vacant Land For Sale in Polokwane

Property description

A well-positioned 12 408m² site within Limpopo’s Work-Home-Play development, offering flexibility for a variety of residential or investment-driven projects.
A 25% first lease payment secures the stand, with the balance payable as per the agreed plan. Services will commence once minimum uptake in the zone is reached.

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.