Residents at Aveo’s $250 million Newstead development and Brisbane’s first integrated vertical retirement village, are due to move in from June this year.

According to Aveo CEO Geoff Grady this has been the company’s most successful off-the -plan development to date, attracting interest from as far as Melbourne and Canberra. He believes both the premier location within the Gasworks precinct and the integrated care solution have largely been the contributors to the project’s success.

More than 800 enquires have been received so far and $40 million of Independent living units sold off plan to date.

He says that the development which features 144 one-, two- and three-bedroom apartments including eight penthouses, plus 154 aged care beds and apartments will provide premium retirement living and residential aged care options above a vibrant urban village.

Features include 3,681sqm of community space, panoramic city skyline views from the rooftop lounge, virtual golf simulator, an all-weather multipurpose activity lawn, a gymnasium specially designed for low impact exercise, a la carte restaurant, day spa, library, private movie theatre, bar, business centre and a beauty salon. Also offered is a wellness suite with GP and allied health services with the care and wellbeing services ensuring that residents can age in place and not have to move as their circumstances change.

Residents will also have access to a tech bar with a staff member to assist with technical support ie setting up smart TVs, Google Home and personal devices.

Residential aged care living options are to be released to the market next month.

Independent Living Apartments at Aveo Newstead start from $449,000 while penthouses range in price from $1,799,000 to $2,199,000 and are close to sold out.

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