51 Shearwater Drive, Bakewell NT 0832

4-bedroom house | 878m² lot | Bakewell NT | Palmerston College zone | FTTP connected This property offers a rare combination of generous land size and modest building footprint, giving a buyer meaningful scope for future extension or subdivision potential in a tightly held residential pocket. The four-bedroom configuration on a single bathroom layout is unusual for this area, which may limit immediate appeal to families but positions it strongly for investors or renovators seeking value-add upside. Priority enrolment for Bakewell Primary and Palmerston College adds long-term demand stability, while the absence of bushfire, flood, or heritage overlays removes costly constraints. The primary risk lies in the single bathroom serving four bedrooms, which could reduce resale velocity in a family-dominated market. However, this same feature creates a clear renovation opportunity to add a second bathroom or reconfigure internal space without altering the building footprint. The 21% site coverage leaves substantial undeveloped land, offering potential for a granny flat or subdivision subject to council approval. Buyers should verify Palmerston Council’s current minimum lot size requirements before committing.