Aveo is continuing its expansion with a new medium-rise development at Bella Vista, 33km from the Sydney CBD.

The site, purchased in 2014, will boast 64 one, two and three-bedroom apartments in its first release which is due to open in late 2017.

The luxury development will also feature 24/7 care, including aged care and allied health services, extensive green spaces with a lake, boardwalk and gardens plus access to nearby dining and shopping.

Located on the corner of Old Windsor Road and Norbrik Drive, it’s also just a five-minute drive to Bella Vista’s Norwest Business Park, which was developed by Malaysian-based investment group Mulpha.

The high-end developer owns a controlling stake in Aveo with its non-executive chairman Seng Huang Lee also heading up their board.

As we recently reported, Aveo’s star has been on the rise. In FY 2015-16, they delivered a profit of $80M in FY 2015-16 and raised another $125M from investors to buy out the remaining 28% (3,415 units) of RVG that they didn’t own.