Lot 33 Chesney Mews, 52 Chesney Street, Invercargill
Dual-Income New Build Investment in Invercargill
Built by Inspire Homes, this purpose-designed dual-income property at Chesney Mews combines two self-contained two-bedroom residences within one new-build investment, providing two rental income streams and a strong 6.36% gross yield.
Priced at $899,000, Lot 33 comes with $1,100 per week guaranteed rental income for 24 months, providing added income certainty from settlement.
The 168m² property sits on a 352m² section and has been designed as two separate two-bedroom homes. Each provides open-plan kitchen, dining and living, its own bathroom, separate laundry and internal-access garaging.
The rental appraisal estimates $500–$600 per week for each residence, producing a combined appraised rental range of $1,000–$1,200 per week. Inspire Property Management identifies couples and working professionals as the key tenant market.
Property Details
Price: $899,000
Guaranteed Rental Income: $1,100 per week
Gross Yield: 6.36%
Rental Guarantee: 24 months
Property Type: Dual-income new build
Configuration: 2 bedrooms + 2 bedrooms
Bedrooms: 4 total
Bathrooms: 2
Garages: 2
Floor Area: 168m²
Land Area: 352m²
Builder: Inspire Homes
Location: Lot 33, 52 Chesney Street, Invercargill
Two Rental Income Streams
Rather than relying on a single tenancy, Lot 33 provides two independent two-bedroom residences within the one property.
The mirrored configuration gives each household its own kitchen, living and dining space, bathroom, laundry and internal-access garage, providing a practical rental option particularly suited to couples and working professionals.
Built for Long-Term Rental
The specification includes double-glazed thermally broken joinery, Healthy Homes-compliant insulation and heat pumps, premium vinyl flooring, solution-dyed nylon carpet, blackout roller blinds, engineered-stone kitchen benchtops and low-maintenance landscaping.
The property is also supported by Inspire Homes' Ready-to-Rent service, a 24-month rental guarantee, fixed-price and fixed build-time guarantees and a 10-year structural guarantee.
Chesney Mews, Invercargill
Located at 52 Chesney Street, Chesney Mews provides convenient access to Invercargill's employment, healthcare, education and retail centres.
Local shops, schools, Invercargill Airport, Southland Hospital, Southern Institute of Technology, Invercargill Central and Queens Park are all located within approximately ten minutes of the development.
Contact KEY2Invest for the full investment pack, floor plans, rental appraisal and specifications for Lot 33 Chesney Mews.