We study the \(\varXi ^- nn\) (\(S=-2,\,I=3/2,\,J^P={1/2}^+\)) three-body system using low-energy effective field theory (EFT). Due to the acute inadequacy of empirical information in this sector, there exists substantial degree of ambiguity in determining various few-body observables, some of which are expected to yield vital clues to resolving longstanding contentious issues in hypernuclear physics. Moreover, in astrophysical studies, a precise determination of neutron star equation of state (EoS) of putative hyperonic cores relies on essential input from the \(S=-2\) sector. In this obscure current scenario, a pionless EFT analysis provides a systematic model-independent framework for assessing the feasibility of light three-particle-stable bound states, utilizing low-energy universality. Here we take recourse to a simplistic speculation of the three-body system by eliminating the repulsive spin-singlet \(\varXi ^- n\) sub-system, while retaining the predominantly attractive (possibly bound) spin-triplet \(\varXi ^- n\) and the virtual bound spin-singlet nn sub-systems. In particular, a qualitative leading order EFT investigation by introducing a sharp momentum ultraviolet cut-off parameter \(\varLambda _{\mathrm{reg}}\) into the coupled integral equations indicates a discrete scaling behavior akin to a renormalization group limit cycle, thereby suggesting the formal existence of Efimov states in the unitary limit, as \(\varLambda _{\mathrm{reg}}\rightarrow \infty \). Our subsequent non-asymptotic analysis indicates that the three-body binding energy \(B_3\) is sensitively dependent on the cut-off without the inclusion of three-body contact interactions. Furthermore, our analysis reproduces several values of the binding energy \(B_3\sim 3{-}4\) MeV, predicted in context of existing potential models, with the regulator \(\varLambda _{\mathrm{reg}}\) in the range \(\sim 350{-}460\) MeV. Finally, based on these model inputs for \(B_3\), a ballpark estimate of the three-body scattering length in the range \(2.6{-}4.9\) fm, is naively constrained by our EFT analysis. Despite approximations, the resulting Phillips line is expected to yield a robust feature of the halo-bound \(\varXi ^- nn\) system. For pedagogical reasons, using a simple toy model interacting three-bosons system, we highlight in the appendices the typical universal features leading to emergence of RG limit cycle and Efimov states which are amenable to a low-energy EFT formalism.