Maverick Development

Maverick DevelopmentMaverick DevelopmentMaverick Development

Maverick Development

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  • 1st Time Homebuyer
  • Downsizer
  • Investor
  • Units Available Now
View Our Listing

Investing In a Maverick Unit

High Cash Flow - Yields 5-5.5%

High Cash Flow - Yields 5-5.5%

High Cash Flow - Yields 5-5.5%

The average yield for a unit in NSW is in the low 4%. Maverick's units deliver a significant preimum over the market average. Our units offer a desirable internal finish and generate exceptional rent relative to the purchase price.

Depreciation Tax Benefits

High Cash Flow - Yields 5-5.5%

High Cash Flow - Yields 5-5.5%

The interiors of our properties are completely brand new. Under Australian tax law you can claim full depreciation on the new items. Your accountant can claim substantial Plant and Equipment depreciation deductions, which reduces your taxable income.

Capital Growth

High Cash Flow - Yields 5-5.5%

Capital Growth

The Illawarra is one of the strongest economic and population growth corridors in regional NSW. It is driven by a steady migration of buyers from Sydney seeking value and coastal proximity. Local government data projects Wollongong to scale up past 290k over the coming decades.

Low Vacancy

Boutique Block Appeal

Capital Growth

The rental market across the Illawarra region operates under extreme, long term pressure. Vacancy rates are below 1.5% - significantly below the 3% benchmark representing a balanced market. This supply shortage guarantees a high volume of prospective tenant demand.

Boutique Block Appeal

Boutique Block Appeal

Boutique Block Appeal

High density, multi-story concrete high rises suffer from high tenant turnover and face signficiant competition. High rises are burdened with high strata levies due to lifts, gyms, pools, structural issues. Maverick invests in low-density classic unit blocks with larger green areas which contribute to higher tenant retention and capital preservation.

No Off-the-Plan Risk

Boutique Block Appeal

Boutique Block Appeal

Our blocks are structurally sound and already established. Once purchased the property can be listed on the rental market immediately after settlement. Or speak to us about leasing the unit for you before settlement. This eliminates months of holding costs prior to income-generation.

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Maverick Development

3/125 Terralong Street, Kiama NSW, Australia

Email: charlie@maverickdevelopment.com.au Phone: 0455 904 003

Hours

Mon

09:00 am – 05:00 pm

Tue

09:00 am – 05:00 pm

Wed

09:00 am – 05:00 pm

Thu

09:00 am – 05:00 pm

Fri

09:00 am – 05:00 pm

Sat

Closed

Sun

Closed

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