1/22 Redshank Court, Bakewell NT 0832

3-bedroom duplex in quiet court | LMR zoning with low-maintenance yard | Built 2003 with undercover parking | FTTP and strong rental demand This property offers a rare combination of low-density zoning and a fully fenced yard within a quiet court, which strengthens its appeal for families seeking privacy or investors targeting the stable Palmerston rental market. The duplex configuration with two car spaces and split-system air conditioning reduces ongoing maintenance, while the 801m² lot provides future flexibility under LMR zoning. It best suits a buyer wanting a turnkey home with room to add value through landscaping or a minor extension, or an investor looking for a 5% rental yield with minimal vacancy risk. The main risk is the property’s position in a less liquid segment-duplexes in Bakewell can take longer to sell than detached houses, and the 2006 purchase price suggests limited capital growth history. The 45-day settlement and 10% deposit requirement are standard but may constrain first-time buyers. Opportunity lies in the 26.3% suburb growth; holding for three to five years could capture further appreciation while the rental income covers holding costs. Use the property as a steady cash-flow investment or a long-term family home with optionality to redevelop under LMR rules.