3/23 Bayview Street, Fannie Bay NT 0820

Townhouse in Fannie Bay | 2-bedroom, 2-bathroom with ensuite | 238m² lot, not 1004m² | Balcony and courtyard for low-maintenance living This property’s competitive edge lies in its compact, lock-and-leave configuration on a manageable 238m² lot, offering a rare mix of private outdoor space and low upkeep in a sought-after suburb. The built-in robes, ensuite, and carport align well with professional couples or downsizers who prioritise location over land area. Priority enrolment at Parap Primary School adds tangible appeal for families, while the absence of flood or bushfire overlays reduces hidden risk. For a buyer seeking a turnkey residence near Darwin’s amenities, this townhouse positions strongly against larger, pricier houses in the same neighbourhood. The primary risk is the gap between the asking price and estimated value near $584,000, which may require negotiation or patience. The 1004m² data discrepancy raises a due diligence flag, though multiple sources confirm the smaller lot. Limited recent sales for comparable 2-bedroom houses in Fannie Bay make valuation less transparent, but the 35% renter share in the building profile suggests steady tenant demand if needed. The opportunity is to secure a low-maintenance property in a stable residential area with good school access. Hold for capital growth or use as a rental yielding around $690 weekly.