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Back 123/39 Benjamin Way
Off Market

123/39 Benjamin Way

Belconnen ACT 2617

2
2
2
Apartment
Last sold for $595,000
Will PetersonWill Peterson, last sold this property on 21 May 2026 after 217 days on market.

Overview

Dual-Key Investment with Strong Returns

Ideally positioned in the heart of Belconnen, this modern dual-key apartment presents an exceptional opportunity for investors seeking immediate income alongside long-term capital growth. With both residences currently tenanted and generating a combined rental return of $990 per week, the property delivers instant cash flow and a strong, reliable yield from day one. Each side features its own entrance, kitchen, bathroom, and living area, with a shared laundry connecting the two dwellings discreetly to maximise practicality and privacy. Whether you're looking to diversify your portfolio or create dual-income streams, this versatile layout delivers excellent value and flexibility. Perfectly positioned within walking distance to Westfield Belconnen, Lake Ginninderra, transport options, cafés, and restaurants, this property sits in one of Canberra's most consistently strong rental markets. In Summary: - Dual-key layout two fully self-contained apartments under one title - Both apartments rented for a combined $990/week - Separate entrances, kitchens, bathrooms, and living areas - Shared laundry servicing both residences - Secure complex close to Westfield, Lake Ginninderra, cafés, and transport - Excellent rental demand and long-term capital growth potential Figure Summary (all approx.): - Body Corporate $1973 p/q - General Rates $457 p/q - Land Tax $529 p/q - Year built: 2013 Private inspections available by appointment. Please contact Will Peterson on 0477 733 593 to arrange a suitable time.

Features

2 bedrooms
2 bathrooms
2 carspaces
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Belconnen over the last 12 months, the estimated median property value of 123/39 Benjamin Way is $520k.

Median value
$520k
Estimated value range
$401.405 - $870k
Median days on market
56
Estimated value trend
2%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Belconnen. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 123/39 Benjamin Way

2026
Sold
$595,000
Private Sale/Treaty on 21 May 2026 by Will Peterson, of PURNELL

Happy sellers in Belconnen

79%
79% of sellers in Belconnen reported that their sale price either exceeded or met their price expectations.

Belconnen stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 96 reviews in Belconnen over the last 12 months.

Local market activity for 2 bedroom apartments in Belconnen

In the last 12 months, 111 two-bedroom apartments similar to 123/39 Benjamin Way, have been sold.

This represents a 4% increase in two-bedroom apartments sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Belconnen

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Alex Wang

Sellers who recommend Alex Wang have praised them for being clear communication, responsive, local expert, reliable, supportive, well-prepared and dedicated

  •   5   (289 reviews)
  •  21 Reviews in Belconnen
  •  19 Sales in Belconnen
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Dan Hawcroft

Dan Hawcroft is a recommended agent for Belconnen.  They have 7 local sales and collected 13 local reviews across the last 12 months.

  •   5   (29 reviews)
  •  13 Reviews in Belconnen
  •  7 Sales in Belconnen
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Joy Cui

Sellers who recommend Joy Cui have praised them for being local expert, clear communication, responsive, well-prepared and strategic

  •   5   (35 reviews)
  •  9 Reviews in Belconnen
  •  6 Sales in Belconnen
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George Vlandis

Sellers who recommend George Vlandis have praised them for being clear communication, local expert, responsive, friendly, honest, supportive and well-prepared

  •   4.9   (345 reviews)
  •  6 Reviews in Belconnen
  •  17 Sales in Belconnen
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