Lot 110 Chesney Street, Invercargill
Dual-Income Investment – 6% Yield, Guaranteed Rent, Invercargill
A rare dual-income investment opportunity in Chesney Street, Invercargill, built by Inspire Homes, one of New Zealand’s leading residential developers.
This brand-new dual-key property combines premium design, fixed-price certainty, and a guaranteed rental return of $1,070 per week, delivering a 6% gross yield from day one.
With a full 24-month rental guarantee and professional property management included, this is a true hands-free investment in Southland’s most stable growth market.
Property Snapshot
Address: Lot 110 Chesney Street, Invercargill
Price: $929,000
House Size: 179 m² | Land Size: 558 m²
Bedrooms: 3 + 2 | Bathrooms: 3 | Living: 2 | Garage: 1
Rental Appraisal / Guarantee: $1,070 per week (24-month rental guarantee)
Annual Return: ≈ $55,640 | Gross Yield: ≈ 6.0 %
Builder: Inspire Homes – nationwide builder since 2008
Deposit: 10 % | Payment: Progress payments
Investment Highlights
✔ 6.0 % gross yield – guaranteed rent for 24 months
✔ Dual-income design (3 + 2 layout) – two rental streams under one title
✔ Rent-ready and Healthy Homes Compliant
✔ Thermally broken double-glazed joinery with Argon gas insulation
✔ 10-Year Master Build Guarantee + 12-month defect warranty
✔ Managed by Inspire Property Management – rent collected monthly
✔ Appliances with 7-year warranty and high-end finishes throughout
About the Area – Why Invercargill?
Invercargill is Southland’s commercial hub and one of New Zealand’s strongest rental markets, known for affordability and consistent tenant demand.
Residents benefit from proximity to Southland Hospital, Southern Institute of Technology, Invercargill Central Mall, and Queens Park — all within 10 minutes.
Major infrastructure investment exceeding $180 million is transforming the city, driving new jobs and long-term population growth.
Chesney Street is perfectly positioned to capture this growth — an easy commute to major employers and amenities, yet in a quiet, family-friendly neighbourhood.
Why Buy This Property
✔ High 6% yield with guaranteed rent for peace of mind
✔ Dual-income configuration for strong cashflow and tenant flexibility
✔ Managed by professionals for true passive income
✔ Trusted builder with nationwide experience and proven track record
Enquire now for the full spec pack, rental guarantee details, and build schedule.
Secure this high-performing dual-key Invercargill investment today with just a 10 % deposit.