The Canopy
The Canopy on Normanby Display Suite, Normanby Road, South Melbourne VIC, Australia
- 1-BR, 2-BR, 3-BR
- 61.1 - 155.2 sqm.
About This Property
Listing Information
Positioned in the thriving Fishermans Bend precinct, The Canopy offers a blend of luxury, convenience, and high returns. With a 5-6% estimated rental yield and fully fitted apartments ready by Q1 2026, this is an opportunity you can’t afford to miss.
𝐏𝐫𝐢𝐦𝐞 𝐋𝐨𝐜𝐚𝐭𝐢𝐨𝐧
🛍️ Just 1.2km from Melbourne CBD (5-minute drive)
🏫 4.6km from the University of Melbourne (15-minute drive)
🛒 Only 4 minutes to South Melbourne Market
🚌 Easy access to train stations and surrounding areas with frequent bus routes
⭐️ Unwavering Developer: Backed by Gamuda Land, a leading Malaysian developer with over 20 years of experience
🧑🦱 High Demand: Melbourne’s rental market is booming with only a 1% vacancy rate and an 80,000-tenant pool.
Specification
Property Details
- Developer
- Gamuda Land
- Starting Price
- AUD 505,000+
- Estimated Completion
- Q1 2026
- Unit Size
- 61.1 - 155.2 sqm.
- Unit Types
- 1-BR, 2-BR, 3-BR
- Payment Terms
- Progressive (5% | 95%)
- Facilities
- Podium Terrace, Rooftop Eco-deck, Onsen-inspired Spa Pool
- Additional Information
- Freehold Ownership for foreigners
Included