The $52 million Corymbia building at the operator's flagship retirement village, which is 33km northwest of Sydney's CBD and being constructed by Growthbuilt, is due for completion in the third quarter of 2025, with early sales ranging from $590,000 to $2.125 million for a luxury penthouse.
The buyers were on a waitlist to deposit on one of the 83 apartments in the new 10-storey Corymbia Residences, part of the $334 million master-planned ‘vertical village’ in the Hills Shire.
Aveo Chief Executive Officer Tony Randello, President of the Retirement Living Council, said vertical retirement living has been transforming the sector, offering a modern housing solution that aligns with the lifestyle aspirations of Baby Boomer retirees who are driving demand for elevated living options.
“Baby Boomers aren’t just retiring - they’re redefining what retirement looks like. This generation has higher expectations when it comes to their retirement lifestyle, and we’re seeing that translate into a real appetite for modern, apartment-style living in great locations with the comforts they’re used to - and then some,” Tony said.
“Aveo is building some of its new communities up, rather than out. Retirees are telling us they want convenient, secure, community living with everything at their fingertips. Whether it’s the gym, the pool, or a café to catch up with friends and family, they love the idea of just hopping in a lift and having it all within easy walking distance."
All apartments feature spacious, contemporary, open-plan design and high-end fittings, including Miele and Fisher & Paykel appliances, while penthouses offer oak herringbone timber flooring, natural granite benchtops, and gourmet kitchen appliance package including an integrated wine fridge.
Bella Vista Haven’s first award-winning building, Waratah, opened in 2018, offering 64 apartments. Current construction works include further wellness and entertainment amenities, with a multi-lane indoor pool complex with infra-red saunas, an alfresco BBQ area, a library and cinema.
