Aveo Newstead in the news – April 2017

Home / Retirement Blog / Aveo Newstead in the news – April 2017

With industry first technologies and a unique inner city location, Aveo Newstead is fulfilling Aveo’s commitment to redefining retirement for older Australians. Read the recent news coverage of Aveo Newstead below.


Sky Life In Hot Demand

“An inner-city retirement community is well underway in Newstead with construction reaching the seventh level of the 19 storey Aveo Newstead tower in Brisbane’s Gasworks precinct. Aveo Group’s $200 million vertical retirement community is experiencing increasing demand from retirees looking for inner city lifestyle but the security of a retirement-based community.

Designed by DBI architects and Carr Design Group, Aveo Newstead wil include independent living apartments, penthouses, full service apartments and a state of the art aged care facility. Aveo Group’s CEO Geoff Grady said vertical living was the next logical approach for retirement communities as buyers demanded easy access to lifestyle amenities, spacious indoor living areas and desirable inner-city locations.

“Within 30 years, Australia’s retirement living market will be at least double what it is now, and to continue to offer centrally located retirement communities, the need to  develop skyward will increase,” Mr Grady said.

“We are leading the charge to innovate and meet this demand with premium vertical living options. Having aged care accommodation onsite provides the peace of mind many retirees are seeking when moving to a new community in later life.” Aveo Newstead has received significant interest ahead of May sales launch from local and interstate buyers wanting Newstead’s inner city lifestyle

Level five of the building has an exclusive community recreation area with more than 3000sqm of landscaped gardens, including an activity lawn overlooking the Gasometer.

Internally, there is a restaurant and bar, demonstration kitchen, lounge, golf simulator, movie theatre, billard room, business centre and craft room. The community will also have a health and wellness retreat where residents can relax, improve their fitness and access professional services from GPs, podiatrists and massage therapists.”

– Sourced from The Courier Mail, “Sky Life In Hot Demand”, 8 April, 2017

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