In the landscape of real estate, Hillcrest has recently witnessed a significant rejuvenation, much of which can be attributed to the rise of Aviva Emberton. The latest development by Collins Residential has energised the local property market, introducing a fresh perspective on modern living to the area.
The ground-breaking success of Aviva Emberton is hard to overstate. Within just five months of its launch, the final phase of the Emberton Estate began, marked by an astounding R100 million in sales in the first 30 days. This remarkable achievement signifies more than just a financial triumph; it reflects deep-seated confidence in the Hillcrest property market and the attractive, secure lifestyle Emberton Estate presents.
Aviva Emberton is characterised by the thoughtful architecture and lifestyle-centric design. The estate offers a range of premium apartments, from studios to spacious two-bedroom units, each bathed in natural light and outfitted with top-tier fixtures. The design of these three-story, walk-up apartments creates an atmosphere that is both welcoming and vibrant, catering to a variety of lifestyles, from busy professionals seeking a lock-up-and-go living solution to families longing for a community-oriented environment.
One of the critical factors behind Aviva Emberton’s success is its strategic location, coupled with competitive pricing. Location is everything and Aviva Emberton capitalises on its prime location in Hillcrest, just off the main highway, ensuring easy access to employment hubs, shopping centres, schools, and recreational facilities. It fuses stunning scenic beauty with vibrant modern conveniences – from lush, green landscapes and hillside views to convenient offerings for daily necessities all within a 5km radius, this blend ensures residents an effortless multifaceted lifestyle.
The apartments offer an affordable entry point into a high-quality living space without compromising on the essentials of modern living.
The affordability factor in property development, particularly in sought-after areas like Hillcrest, is a crucial aspect that significantly influences buyer decisions. When we discuss affordability in the context of Aviva Emberton, several key elements come into play, making it an attractive option for a wide range of buyers, from first-time homeowners to seasoned investors.
1. Competitive pricing: Aviva Emberton stands out due to its strategic pricing. With units starting from R730 000, the development offers an entry point into the real estate market. This pricing is particularly competitive in the Hillcrest area, known for its high property values. By offering a more affordable option in a desirable location, Aviva Emberton opens the door for more people to own property in a prime location.
2. Low deposit requirement: The development’s low deposit requirement further enhances its affordability. A R5 000 deposit to secure an apartment is relatively low compared to the standard requirements in the real estate market. This lower barrier to entry is especially advantageous for first-time buyers who may not have substantial savings to cover the usual high upfront costs associated with purchasing property.
3. Elimination of transfer duty: The fact that buyers at Aviva Emberton are not required to pay transfer duty significantly reduces the overall cost of acquiring a property. Transfer duty can be a substantial additional expense, and their absence in this case makes the financial burden of purchasing an apartment much lighter.
4. Potential for high rental yields: For investors, the affordability of Aviva Emberton is not just about the purchase price but also about the return on investment. The development’s potential for high rental yields means that investors can anticipate a steady income stream, making the property not just affordable to acquire but also financially viable in the long term.
5. Sustainable living and reduced running costs: The focus on sustainability in Aviva Emberton, such as solar supplementation and energy-efficient fixtures, translates into lower utility costs for residents. This ongoing cost-saving aspect is an important part of the affordability equation, making the apartments not only affordable to purchase but also more economical to maintain in the long run.
Embedded within the well-established Emberton Estate, Aviva Emberton residents enjoy a plethora of amenities. These include access to clubhouses, swimming pools, padel courts, and state-of-the-art gym facilities. Such amenities enhance the living experience and foster a sense of community and belonging.
A prime example is Ray’s Kitchen within the Emberton Estate, a culinary gem housed in a historical clubhouse, which has become a central social spot for residents and the Hillcrest community, further enriching the community feel.
The choice of Hillcrest as the backdrop for Aviva Emberton is strategic and well-considered. The town’s thriving eco-system offers a perfect blend of urban convenience and natural beauty, making it an ideal location for those who desire a holistic living experience. This seamless integration into the vibrant Hillcrest community is a reflection of the foresight and strategic planning that has gone into the development of Aviva Emberton.
Beyond the lifestyle appeal, Aviva Emberton presents significant investment opportunities. With estimated rental yields ranging between 7.51% and 9.14% and potential rental incomes of R7 500 to R12 000, the development is not just a place to live but a smart financial investment. These figures are indicative of the development’s potential to provide substantial returns for both investors and homeowners.
The emergence of Aviva Emberton has injected new life into the Hillcrest property market, establishing a new benchmark for residential developments. It exemplifies how important strategic location, thoughtful design, community focus, and investment potential play a part in developing a successful residential offering. For those seeking a home that resonates with modern living standards or an investment that promises growth and sustainability, Aviva Emberton is a development that truly stands apart in the bustling property landscape of Hillcrest.