This substantial 14 444m² stand offers excellent potential for developers looking to establish a residential or mixed-use project within a fast-growing precinct.
Secure the stand with a 25 first lease payment. The remaining balance is payable over the agreed term. Services begin once the minimum number of stands in the zone are sold.
Leasehold Zoned Vacant Land Polokwane: You dont buy the land outrightyou 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 valuebuildingsimprovements are excluded. Escalation is CPI-based, you can build, finance banks can bond, and resell like normal ownership.