3/59 Mannikan Court, Bakewell NT 0832

End cul-de-sac triplex | three bedroom one bath | no flood bushfire heritage risk | rental yield near 6% | strata self-managed This property carries the risk of self-managed strata in a triplex where owner-occupier commitment levels and sinking fund adequacy remain unverified, which can create unexpected special levy exposure for a buyer. The chance to buy below the suburb average for a three-bedroom detached dwelling at $495,000 with a near 6% gross rental yield offers a viable hold strategy for an investor or first home buyer seeking lower entry cost in a growing corridor. For an owner-occupier the absence of any environmental overlay reduces insurance and holding friction, but the single bathroom limits appeal if resale to families is later needed. The end position within a quiet cul-de-sac and the fully fenced courtyard are competitively rare for a unit in Bakewell as most comparable triplex lots sacrifice private outdoor space or parking. The master bathroom access and separate laundry on the rear patio support functional liveability for a small household or professional couple. This configuration best serves a budget-conscious buyer who values low-maintenance living with immediate rental cashflow or a quiet home base near schools and retail. Current sales of three-bedroom apartments in Bakewell over the past eight weeks range from $500,000 to $620,000 so this listing at $495,000 sits at the lower band and the existing rental estimate of $550 per week confirms income potential aligns with market demand. This price point likely reflects the single bathroom and older triplex title structure rather than condition. A buyer should verify the body corporate reserve and recent maintenance history before proceeding with an offer.