Emberton Estate Phase 2C has launched
Last week, Collins Residential launched their Phase 2C properties at Emberton Estate in Hillcrest with a lavish event at Ray's Kitchen. Patrick Lambie and Geoff Perkins of the Collins residential team hosted the event where they presented the value proposition at Emberton Estate, featuring 1 and 2 bedroom apartments.
The launch was attended by a number of local investors and home-buyers as Emberton has become well known as an excellent investment and lifestyle product. Located within easy access to local schools, malls, gyms, and the Hillcrest Private Hospital, Emberton is perfectly positioned. Apart from the now legendary Ray's Kitchen bistro onsite, there are fantastic facilities for residents including top-level security, an 18metre heated lap pool, tennis court, cricket nets, outdoor gym, kids BMX track, plus on-site storage options and laundry.
As an investor, NOW is the time to buy! Incredibly low-interest rates coupled with the high demand for rental properties at Emberton means that you will enjoy returns that outstrip the current inflation and interest rates.
The new phase consists of 1 and 2 bedroom apartments with modern, open-plan living spaces and excellent finishes. The 1-bed apartments are priced from R825 000 and investors will enjoy a nett yield (after levy and rates deductions) of up to 6.5% in year 1, plus the capital growth % per annum.
The 2-bed apartments are priced from R1 200 000, having a nett yield of up to 5.9% in year 1, excluding capital growth.
This is an incredible opportunity to enjoy a wise investment decision, and Emberton Estate has a proven track record with demand for rentals exceeding available stock.
If you are interested to find out more about these newly released properties on offer.
