Lot 74 Park Ridge, Jacks Point, Queenstown
Premium Dual-Income Investment in Jacks Point, Queenstown
Premium Dual-Income Investment in Jacks Point, Queenstown
$1,649,000 | $1,890 Per Week Guaranteed Rent | 5.96% Gross Yield
Built by Inspire Homes, this premium home and income investment offers two separate rental opportunities on one title, combining strong rental performance with modern, low-maintenance construction in Queenstown's sought-after southern corridor.
Positioned within Park Ridge, near Jacks Point, this purpose-designed property comprises a three-bedroom main residence and a fully self-contained two-bedroom unit. Each has its own garage, providing flexibility and broad tenant appeal for families, professionals and long-term renters.
With a 24-month rental guarantee of $1,890 per week, a gross yield of 5.96%, and a 10-year Master Build Guarantee, this opportunity offers investors a combination of rental income certainty, quality construction and long-term ownership potential.
Property Details
Price: $1,649,000
Guaranteed Rental Income: $1,890 per week
Gross Yield: 5.96%
Property Type: Dual-income home and income
Bedrooms: 5 (3 + 2)
Bathrooms: 3
Garages: 2
Total Floor Area: 203.68m²
Land Area: 826m²
Builder: Inspire Homes
Location: Lot 74, Park Ridge, Queenstown
Rental Guarantee: 24 months, subject to property management terms
Build Status: Off-plan / To be built
Two Separate Homes. Two Rental Income Streams.
The thoughtfully planned configuration provides two independent living spaces within one property.
Main Residence – Three Bedrooms
A spacious 123.89m² home featuring three bedrooms, including a master with ensuite, open-plan living, modern kitchen and internal-access garaging. Designed to appeal to families and professionals seeking a quality long-term rental in Queenstown.
Secondary Residence – Two Bedrooms
A fully self-contained 79.32m² unit offering two bedrooms, its own kitchen, living space, bathroom and garage. The independent layout broadens rental appeal and provides an additional income stream without requiring the purchase of a second property.
Investment Highlights
24-Month Rental Guarantee
A guaranteed rental income of $1,890 per week is offered through Inspire Property Management, subject to the property management agreement. The guarantee covers vacancies and any shortfall between market rent and the guaranteed amount, providing additional income certainty during the initial ownership period.
Strong Rental Market Fundamentals
Queenstown continues to experience significant demand for quality long-term rental accommodation. Population growth, employment opportunities, lifestyle migration and constrained housing supply support the appeal of well-positioned new-build investment properties.
Premium New-Build Construction
Built by Inspire Homes, the property includes thermally broken double glazing, modern insulation, heat pumps, durable exterior materials and contemporary interior finishes.
Low-Maintenance Ownership
The property includes a Ready-to-Rent finishing package, with landscaping and blinds, alongside a fixed-price build guarantee, fixed build-time guarantee and 10-year Master Build Guarantee.
Broad Tenant Appeal
The combination of three-bedroom and two-bedroom accommodation provides flexibility across different tenant groups, including families, working professionals and smaller households.
Why Investors Are Watching Park Ridge and Jacks Point
Located along Queenstown's southern corridor, Park Ridge benefits from proximity to established residential communities, schooling, shopping, recreation and major employment centres.
The location offers convenient access to:
Hanley's Farm village and primary school – approximately 3 minutes
Jacks Point village and golf course – approximately 5 minutes
Remarkables Park shopping precinct – approximately 10 minutes
Frankton retail and amenities – approximately 12 minutes
Queenstown International Airport – approximately 15 minutes
Queenstown town centre and lakefront – approximately 20 minutes
Park Ridge is a master-planned residential subdivision designed around permanent residents and long-term tenancies, with covenants restricting short-term visitor accommodation.
For investors, the combination of Queenstown's rental demand, modern housing requirements and a dual-income property configuration presents an opportunity to secure two rental income streams in one of New Zealand's most recognised lifestyle destinations.
Quality Construction and Investment Confidence
The property includes:
10-year Master Build Guarantee
24-month rental guarantee
Fixed-price building contract
Fixed build-time commitment
Healthy Homes compliant design
Thermally broken double-glazed joinery
Heat pumps and modern insulation
Contemporary kitchens with engineered stone benchtops
Quality flooring and durable exterior finishes
Landscaping and window blinds included
Enquire About This Investment
Discover the potential of this dual-income home and income opportunity in Queenstown.
Contact Russell at KEY2Invest to request the full investment pack, review the rental appraisal or discuss how this property could fit your investment requirements.
Email: russell@key2.co.nz
Rental guarantees are subject to the terms of the property management agreement. Gross yield is calculated using the stated purchase price and guaranteed rental income, before expenses. All property details, plans, specifications and projections are subject to confirmation and purchaser due diligence. Renders are artist impressions only.