Lot 2 Chesney Mews, 52 Chesney Street, Invercargill
High-Yield New Build Investment from $599,000 – Chesney Mews, Invercargill
An accessible new build investment opportunity combining a $599,000 purchase price, $575 per week guaranteed rental income and 5.00% gross yield in the established Invercargill rental market.
Located within Chesney Mews, Inspire Homes' new residential development at 52 Chesney Street, this standalone two-bedroom home has been designed for low-maintenance ownership and strong tenant appeal.
The 86m² single-level home sits on a 352m² section and features two bedrooms, two bathrooms including an ensuite, open-plan kitchen, dining and living, outdoor living and internal-access single garaging.
For a limited time, KEY2Invest clients also receive access to Inspire's enhanced three-year rental guarantee with inflation-adjusted rental increases, providing additional income certainty beyond the standard guarantee. Terms and conditions apply.
Property Details
Price: $599,000
Rental Appraisal: $575 per week
Guaranteed Rental Income: $575 per week
Gross Yield: 5.00%
Property Type: Standalone new build
Bedrooms: 2
Bathrooms: 2
Garage: 1 – internal access
Floor Area: 86m²
Land Area: 352m²
Builder: Inspire Homes
Location: Chesney Mews, Invercargill
Rental Guarantee: 3 years – limited-time KEY2Invest promotion*
Why This Property?
Strong Rental Return
With a confirmed rental appraisal and guaranteed starting rental of $575 per week, the property delivers an advertised gross yield of approximately 5.00% from a $599,000 entry price.
Standalone Tenant Appeal
Rather than a higher-density configuration, this is a standalone two-bedroom home on its own 352m² site, with two bathrooms, internal-access garaging and outdoor living — providing features likely to appeal to couples and working professionals.
Built Ready to Rent
The specification includes double-glazed thermally broken Low-E windows, a Healthy Homes-compliant heat pump, engineered stone kitchen benchtop, induction cooktop, blackout roller blinds, landscaping and ready lawn. An independent Healthy Homes assessment report is provided at settlement.
Added Income Certainty
For qualifying KEY2Invest clients, Inspire's limited-time promotion extends the standard rental guarantee to three years, with inflation-adjusted rental increases incorporated into the guarantee.
About the Location
Invercargill combines relatively accessible property prices with an established rental market and significant investment in the wider city.
Chesney Mews is positioned within easy reach of key employment, education, retail and recreational amenities. According to the property pack, local shops are approximately five minutes away, nearby primary schools six minutes, Invercargill Airport seven minutes, and Southland Hospital, the Southern Institute of Technology and Invercargill Central approximately eight minutes away.
The property pack also identifies more than $180 million of city redevelopment, led by the Invercargill Central CBD rebuild, and records an Invercargill average weekly rent of $485 as at March 2026.
Built for Long-Term Investment Performance
Built by Inspire Homes, the property combines contemporary construction with specifications selected for durability, efficiency and lower-maintenance ownership.
Inspire Homes has delivered more than 450 homes across New Zealand. This property includes a 10-year Master Builder structural guarantee, 12-month defects cover, fixed-price guarantee, fixed build-time guarantee and a ready-to-rent service including blinds and soft landscaping.
Exclusive KEY2Invest Rental Guarantee
For a limited time, this Chesney Mews opportunity qualifies for Inspire's three-year rental guarantee exclusively for KEY2Invest clients.
The promotional offer includes inflation-adjusted rental increases during the guarantee period and is offered at no additional built-on cost. Full terms and conditions apply.
Why Investors Choose KEY2Invest
KEY2Invest specialises in high-quality new build investment property.
With more than 25 years of new build property experience and an established network of builders and developers across New Zealand, we assess opportunities across the fundamentals that matter — location, rental performance, tenant appeal, build quality and longer-term property potential.
Enquire Today
Talk to KEY2Invest about Lot 2 at Chesney Mews or ask us about other new build investment opportunities available through our wider network.