Margate House For Sale - T1624884 report this listing

R 1 450 000
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FNB QuickSell -  private property This is an FNB Property in Possession property. Click here to learn more
Property features
  • 5 bedrooms
  • 1 dining areas
  • Study
  • Kitchen
  • Entrance hall
  • 1 bathrooms
  • 2 garages
  • Pool
  • Scullery
  • Family/TV Room
  • 1 lounges
  • Staff Quarters
  • Laundry
  • Pantry

Property description A large 5 bedroom family home, with beautiful scenic views. This house has everything you could possibly need. Double garage, Kitchen with scullery, large living and dinning areas all leading out to the garden, overlooking the pool and covered entertainment area. Upstairs has 5 bedrooms, 2 bathrooms one with a shower and one with a bath. Ocean views from the main bedroom.

Property becomes a Property in Possession (PIP) or Bank Repossessed Property, once a customer has defaulted and the bank's reserve price was not achieved at auction.

General information about Bank Repossessed properties:

• FNB offers buyers up to 100% bonds on all Quick Sell Repossessed Properties.

• No transfer duty is payable by the purchaser.

• There is no discount on attorney fees as per Quick Sell Private Sale Properties.

• Property rates and taxes (including all arrear amounts in this regards) will be paid by FNB until the date of registration.

• Only the conveyancers on FNB's panel of conveyancers will be used.

• The purchaser is responsible to obtain an electrical compliance certificate

• FNB does not warrant that the purchaser will be able to obtain vacant occupation of the property.

• Where the property is guarded, an appointment must be made with the specific security company prior to viewing the property.

These properties can now be purchased at reduced prices - reflected as the asking prices on the website - for a limited period of time.


First National Bank - a division of FirstRand Bank Limited. An Authorised Financial Services and Credit Provider (NCRCP20).