1.8 ha Land available in Bendor

Investor & Developer Opportunity 17 701 sqm Development Land in Bendor Ext 126 Positioned in the rapidly expanding Bendor Ext 126, this 17 701 sqm development site presents an outstanding opportunity for investors and developers looking to capitalise on the growing demand for residential accommodation in the area.The property is ideally suited for a townhouse complex or apartment development, with ample space to maximise density and long-term rental or resale returns. The areas continued growth and strong residential demand make this an attractive addition to any property investment portfolio.Services installation will commence once the minimum number of stands has been sold, allowing investors sufficient lead time for planning approvals, development design, feasibility studies, and project preparation.The property is offered on a leasehold basis with flexible entry terms, requiring only a 25 upfront payment. The lease can be secured for up to 49.75 years and renewed as a registered notarial lease at the Deeds Office. An added advantage is the future option to convert to freehold ownership once the developer has finalised the freehold acquisition.Key Investment Highlights:17 701 sqm development landIdeal for apartments or townhouse developmentLocated in the fast-growing Bendor Ext 126Flexible leasehold structure with 25 upfront paymentLease term of up to 49.75 yearsFuture freehold conversion optionExcellent long-term growth and income potentialAn excellent opportunity for forward-thinking investors and developers seeking scale, flexibility, and future value appreciation in one of Polokwanes expanding residential nodes. Show more Show less