You are here: Smiths Property Group / Latest News / Emberton Aviva Breaks Ground

Emberton Aviva Breaks Ground

SHOWING ARTICLE 26 OF 100
GALLERY

Emberton Aviva Breaks Ground

Aviva Emberton Estate continues to lead the way in real estate innovation as Collins Residential announces the start of construction on the final phase of this premier development. The groundbreaking for this final phase is set to commence within the next month, just five months after its successful launch. The initial launch of Emberton Estate defied market expectations, achieving an impressive R100 million in sales within just 30 days, highlighting the robust demand in the Hillcrest property market.

Geoff Perkins, Managing Director of Collins Residential, remarks, “We are invigorated by the exceptionally positive response to Aviva Emberton Estate. This reinforces our conviction that investing in property is a wise decision. Our team is dedicated to exceeding expectations and delivering exceptional value. Emberton Estate transcends traditional housing; it embodies a vibrant lifestyle and active living in Hillcrest. With over 400 families now residing here, the development has seamlessly integrated into the Hillcrest community.

Premium Apartments at Aviva Emberton Estate

Aviva Emberton Estate offers a gateway to a comprehensive lifestyle experience, featuring premium studio, 1-bedroom, and 2-bedroom apartments with a contemporary design. These three-story walk-up buildings are characterized by open-plan layouts, abundant natural light, and high-end fixtures, providing a warm and vibrant living environment. Residents can enjoy a convenient lock-up-and-go lifestyle, including an allocated parking bay with the option to purchase an additional one.

Strategic Pricing and Prime Location

Collins Residential attributes the success of Aviva Emberton Estate to its strategic pricing and prime location, which have captivated discerning homebuyers. The development introduces a unique lifestyle-focused living concept at an accessible price point, with units starting from R730,000. Integrated into the established Emberton Estate, residents benefit from a host of amenities, including clubhouses, swimming pools, padel courts, and gyms. This competitive pricing allows first-time buyers to achieve their homeownership dreams while enjoying a prime location and a strong sense of community.

Community and Lifestyle at Emberton Estate

One of the standout features of Emberton Estate is the success of Ray's Kitchen, a cherished culinary destination housed in a historic 100-year-old clubhouse within the estate. This popular hotspot has become a beloved part of the community, adding warmth and vibrancy to the neighborhood. Its success underscores Emberton Estate's commitment to creating spaces that foster community and shared experiences.

Ideal Location in Hillcrest

Hillcrest, with its dynamic ecosystem, provides the perfect backdrop for Aviva Emberton Estate. The development’s proximity to workplaces, shopping centers, schools, and recreational facilities complements its holistic living experience. This seamless integration into the vibrant Hillcrest environment reflects the thoughtful planning behind the project.

Investment Potential and Returns

Since its inception, Aviva Emberton Estate has been driven by a vision to exceed expectations and offer substantial investment benefits. With projected rental yields between 7.51% and 9.14% and estimated rental incomes ranging from R7,500 to R12,000, investors and homeowners can benefit from a high-return, hassle-free investment. Aviva Emberton Estate represents a thriving and catalytic development, offering both a superior living experience and substantial financial returns.

Leon Smith, Director of Smiths Property Group noted, “The appetite for rental properties in the area has skyrocketed, with sought-after locations flying off the market in record time. Families continue to be drawn to the Upper Highway area for its excellent education options, vibrant communities, and diverse leisure activities. With its introduction, Emberton’s housing capacity is set to expand from 439 to 652 homes, catering to the evolving needs of its residents.

Author Smiths Property Group
Published 22 Aug 2024 / Views -
Disclaimer:  While every effort will be made to ensure that the information contained within the Smiths Property Group website is accurate and up to date, Smiths Property Group makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.