The Hillcrest Property Market Revitalisation

In the ever-evolving real estate market, some developments make a truly significant impact. Aviva Emberton is one such project, a development that has not only energised the Hillcrest property scene, but redefined expectations for what residential living in KwaZulu-Natal can look like.

Remarkable sales velocity

The latest milestone from Collins Residential confirmed that construction on the final phase of Emberton Estate was set to commence only months after launch, a period during which Aviva Emberton achieved an astounding R100 million in sales within the first 30 days. Geoff Perkins, Managing Director of Collins Residential, noted that “the market’s enthusiastic reception of Aviva Emberton’s offerings reaffirms the wisdom of investing in property.”

Perkins added that Emberton Estate transcends the mere construction of buildings, having established itself as a vibrant heart of lifestyle and activity for over 400 families who now call it home.

What the numbers say

The financial case for Aviva Emberton is compelling across all unit types. Here is a snapshot of the investment potential:

Studio Apartment, 30m²

Starting from R895 000
Estimated rental income: R7 500/month
Estimated gross rental yield: up to 11%

1-Bedroom Apartment, 40m²

Starting from R895 000
Estimated rental income: R9 000/month
Estimated gross rental yield: 8.9%

2-Bedroom, 1-Bathroom, 59m²

Starting from R1 270 000
Estimated rental income: R11 000/month
Estimated gross rental yield: 8%

2-Bedroom, 2-Bathroom, 64m²

Starting from R1 370 000
Estimated rental income: R12 000/month
Estimated gross rental yield: 7.9%

A thriving ecosystem

Situated in Hillcrest, known for its thriving community and ecosystem, Aviva Emberton is a paragon of holistic living. Its strategic location ensures seamless access to work, education, and leisure, perfectly complementing the development’s vision of a comprehensive living experience.

With projected gross rental yields between 7.51% and 9.14%, and estimated rental incomes ranging from R7 500 to R12 000 per month, the financial rationale for investing in Aviva Emberton is clear. It offers both investors and prospective homeowners an opportunity to partake in a development that is both a catalyst for the Hillcrest area and a sound long-term investment.