123/39 Benjamin Way, Belconnen is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2013. The property has a land size of 3757m2 and floor size of 52m2. While the property is not currently for sale or for rent, it was last transferred in November 2020.
Ideally located in the heart of Belconnen, this modern dual-key apartment presents an outstanding opportunity for investors seeking both immediate income and long-term growth. With one side currently leased at $480 per week, it offers instant returns, while the other residence is vacant and ready to lease or occupy giving you the freedom to tailor the property to your investment goals.
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 youre 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, cafs, and restaurants, this property sits in one of Canberras most consistently strong rental markets.
In Summary:
- Dual-key layout two fully self-contained apartments under one title
- One side leased at $480 per week, the other vacant and ready to occupy or rent. Potential for $1,000 + rent per week.
- Separate entrances, kitchens, bathrooms, and living areas
- Shared laundry servicing both residences
- Secure complex close to Westfield, Lake Ginninderra, cafs, 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
Private inspections available by appointment.
Please contact Will Peterson on 0477 733 593 to arrange a suitable time.
The size of Belconnen is approximately 4.4 square kilometres. It has 6 parks covering nearly 26.3% of total area. The population of Belconnen in 2016 was 6657 people. By 2021 the population was 8502 showing a population growth of 27.7% in the area during that time. The predominant age group in Belconnen is 20-29 years. Households in Belconnen are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Belconnen work in a professional occupation.In 2021, 32.50% of the homes in Belconnen were owner-occupied compared with 29.20% in 2016.
Belconnen has 6,085 properties. Over the last 5 years, Houses in Belconnen have seen a 2.03% increase in median value, while Units have seen a 22.03% increase. As at 31 December 2025:
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