Lot 2 Chesney Mews, 52 Chesney Street, Invercargill
Standalone New Build Investment — Chesney Mews, Invercargill
A well-priced standalone new build investment in Invercargill, combining a $599,000 purchase price, $585 per week guaranteed rental income and 5.08% gross yield.
Located within Chesney Mews, this brand-new two-bedroom home offers an efficient 86m² floor plan on a 352m² section, with two bathrooms and single internal-access garaging.
The single-level design includes open-plan kitchen, dining and living opening to an outdoor living area, a master bedroom with ensuite and wardrobe, family bathroom, separate laundry and internal-access garage. Double glazing, a heat pump, ample storage and full Healthy Homes compliance contribute to its low-maintenance rental appeal, with couples and working professionals identified as the target tenant market.
Built by Inspire Homes, the property also includes a 10-year Master Builder structural guarantee, fixed-price and fixed build-time guarantees, and end-to-end management through to tenant placement.
Property Details
Purchase Price: $599,000
Guaranteed Rental Income: $585 per week
Annual Gross Rental Income: $30,420
Gross Yield: 5.08%
Property Type: Standalone new build
Bedrooms: 2
Bathrooms: 2, including ensuite
Garage: 1, internal access
Floor Area: 86m²
Land Area: 352m²
Standard Rental Guarantee: 24 months
Builder: Inspire Homes
Property Management: Inspire Property Management
Why This Investment Stands Out
At $585 per week, Lot 2 provides $30,420 in annual gross rental income, with a 5.08% gross yield at the $599,000 purchase price.
The two-bedroom, two-bathroom configuration provides flexibility for couples and working professionals, while the standalone design, internal-access garage, outdoor living and modern new-build specification support broad tenant appeal.
Chesney Mews is positioned at 52 Chesney Street, within easy reach of Invercargill's major employment, education and amenity hubs. Invercargill Airport is approximately seven minutes away, while Southland Hospital, SIT and Invercargill Central are approximately eight minutes away.
For a limited time, purchasers can also choose between three years of inflation-adjusted guaranteed rental income or a free turnkey package, adding another layer of value depending on their investment priorities.
Enquire with KEY2Invest for the full Lot 2 investment pack and details of the current Chesney Mews offer.