29A Truslove Way, Pegs Creek WA 6714

Semi-detached duplex | 672m² large land | Flood & heritage overlays | High rental yield suburb This property presents a strong rental investment case within a high-yield suburb, anchored by its substantial land parcel which is rare for a duplex configuration. The large block size and fully fenced outdoor areas offer tangible value for a tenant seeking space, while the suburb’s median rental yield of 9.4% signals robust investor demand. This house best serves an investor prioritizing cash flow over rapid capital growth, given the established rental market and the property’s functional, albeit dated, 1986 build. Key risks are crystallized in the flood and heritage overlays, which may impact insurance costs and limit future renovation potential, directly affecting holding costs and capital improvement strategy. The valuation range exceeding the list price indicates immediate equity potential, but the inconsistent description as a duplex suggests a potentially complex title. Acquire this as a long-term hold for rental income, accepting the overlays as a discount to the land value, rather than pursuing a value-add renovation strategy.