1.7 ha Land available in Bendor

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Investor & Developer Opportunity 16 706 sqm Development Land in Bendor Ext 126 Positioned within the fast-growing residential node of Bendor Ext 126, this 16 706 sqm development stand offers an outstanding opportunity for investors and developers seeking scale, flexibility, and strong long-term growth potential.The property is ideally suited for a townhouse estate or apartment development, providing ample space for a well-planned residential project designed to meet the increasing demand for quality housing in the area.Services installation will commence once the minimum required number of stands has been sold, allowing developers sufficient time to complete detailed planning, design work, approvals, and project preparation prior to construction.This property is offered on a leasehold basis and can be secured with a 25 upfront payment. The lease term can extend up to 49.75 years and is renewable as a registered notarial lease at the Deeds Office. Buyers will also benefit from the future option to convert the property to freehold ownership once the developer hasfinalised the freehold acquisition.Key Investment Highlights:16 706 sqm development landIdeal for townhouse or apartment developmentLocated in the expanding Bendor Ext 126Flexible leasehold structure with 25 upfront paymentLease term of up to 49.75 yearsFuture freehold conversion optionStrong residential demand and investment potentialA premium development opportunity in one of Polokwanes most active growth corridors, offering excellent scalability and long-term value creation potential.

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