169/39 Benjamin Way, Belconnen, ACT 2617 | Property Value & History | OnTheHouse
OFF MARKET

169/39 Benjamin Way
Belconnen ACT 2617

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 75m2
Land area: 3757m2
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Property Details for 169/39 Benjamin Way, Belconnen

169/39 Benjamin Way, Belconnen is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2013. The property has a land size of 3757m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in May 2016.

Building Type
Unit
Year Built
2013
Floor Size
75m2
Land Size
3757m2
Local Government
Belconnen
Lot/Plan
BELCONNEN: Block 1, Section 199, Unit 169

Last Listing description (April 2026)

This modern two-bedroom, two-bathroom apartment within the prestigious Sentinel development presents an excellent investment opportunity with strong, secure returns. Currently leased to Defence Housing Australia until 29 May 2028, it provides a stable weekly rental income of $706, with annual rental reviews, ensuring consistent cash flow and peace of mind for investors.

Positioned on level 12 and offering 85m of low-maintenance internal living space, this property is ideal for investors seeking a hassle-free, lock-and-leave asset. The contemporary finishes throughout, including a kitchen with elegant granite benchtops and electric appliances, contribute to its modern appeal. The functional layout features a walk-through robe in the main bedroom with seamless access to the ensuite, maximizing space and storage.

Both bedrooms have access to balconies, enhancing the appeal for tenants and offering outdoor relaxation options. Climate control is provided by split-system air heating and cooling in the living area and main bedroom, ensuring year-round comfort with minimal upkeep. The apartment also features double-glazing floor-to-ceiling windows and sliding doors, providing excellent insulation and noise reduction.

The Sentinel complex boasts premium amenities such as a 25-metre heated outdoor swimming pool, a fully equipped gym, and a well-maintained entertaining area with BBQ facilitiesall adding value and appeal to tenants. Additional features include lift access, communal solar panels, push bike storage, an electric vehicle charging station, ample visitor parking, a designated car space, and a storage unitfurther enhancing the property's convenience and desirability.

Located directly opposite Westfield Belconnen, just 1 km from Lake Ginninderra and 1.9 km from the University of Canberra, this property offers exceptional convenience and high tenant demand. Combining a secure lease, low-maintenance living, and a prime location, this apartment is a smart, low-risk investment for those seeking reliable returns and minimal ongoing management. Please ring for a private viewing of the property.

Features:
- Modern two-bedroom, two-bathroom apartment
- Located within the prestigious Sentinel development
- Currently leased to Defence Housing Australia until 29 May 2028
- Stable weekly rental income of $706 with annual rental reviews
- 85m of low-maintenance internal living space Plus Balcony 13m2
- On Level 12 with lift access
- Contemporary finishes including elegant granite benchtops and electric appliances in the kitchen
- Functional layout with walk-through robe and ensuite in the main bedroom
- Both bedrooms have access to balconies
- Double-glazing floor-to-ceiling windows and sliding doors for insulation and noise reduction
- Split-system air heating and cooling in living area and main bedroom
- Lift access within the complex
- Communal solar panels
- Push bike storage
- Electric vehicle charging station
- Well-maintained entertaining area with BBQ facilities
- 25-metre heated outdoor swimming pool
- Fully equipped gym
- Ample visitor parking
- Designated car space & Storage unit
- Prime location opposite Westfield Belconnen
- Close proximity to Lake Ginninderra (1 km)
- Near the University of Canberra (1.9 km)
- Secure lease and low-maintenance, lock-and-leave lifestyle
- High tenant demand and convenience

Fixed term lease until 29 May 2028 DHA Lease.
Current Rent: $705.00 per week, with annual reviews.
Rates: $445.00 per quarter Land Tax: $499.72 per quarter
Body Corporate Fees: $1,589.34 per quarter

Disclaimer:
While all care has been taken in compiling information regarding properties marketed for rent or sale, we accept no responsibility and disclaim all liabilities in regards to any errors or inaccuracies contained herein. All parties should rely on their own investigation to validate the information provided.

Property History for 169/39 Benjamin Way, Belconnen, ACT 2617

A timeline of how this property has performed in the market
Last Sold
$465,000
05 May 2016
  • 03 Apr 2026
    Listed for Sale $550,000
  • 05 May 2016
    Sold for $465,000
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About Belconnen 2617

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 6,082 properties. Over the last 5 years, Houses in Belconnen have seen a 33.01% increase in median value, while Units have seen a 21.08% increase. As at 31 March 2026:

  • The median value for Houses in Belconnen is $587,026 while the median value for Units is $504,454.
  • Houses have a median rent of $590 while Units have a median rent of $560.
There are currently 52 properties listed for sale, and 44 properties listed for rent in Belconnen on OnTheHouse. According to Cotality's data, 255 properties were sold in the past 12 months in Belconnen.

Suburb Insights for Belconnen 2617

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.