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The visionaries behind ORO Newstead and the Little Italy retail precinct are three brothers, Joseph, Michael and Massimo Panettiere, whose family has been part of the construction industry since 1974 when their father, an Italian migrant, began building residential units in Brisbane.
The brothers pride themselves on a hands-on approach to building, with a commitment to quality and craftsmanship that ensures residences are both wellbuilt and of lasting quality.
From luxury residences to curated retail, food, drink and dining venues, the development aims to deliver an integrated residential experience with ample amenities, complemented by a generous ground floor realm to be known as "Little Italy" for resident and community use, connection and benefit.



With extensive experience in development and construction in Brisbane and the Gold Coast, and a strong reputation in the industry as specialist building contractors and developers, the three brothers have delivered numerous successful residential projects, including River Park Central in Brisbane’s CBD and NERO Newstead.
With the ORO Newstead residences and the Little Italy retail development, the brothers are taking their father’s building legacy to new heights. This landmark luxury mixed use lifestyle project is set to establish a new residential and retail precinct in Newstead, inspired by Italian architecture and style.


Known for its meticulous attention to detail and uncompromising standards, Panettiere Developments and its related building company brings expert construction management to every stage of the build. With a hands-on approach and a passion for precision, it ensures each residence is delivered with structural integrity, superior craftsmanship and with a commitment to excellence.


The inner Brisbane Apartment Market has seen a significant period of price and rental growth on the back of increases in population and employment.
As more people move to Brisbane for its lifestyle, employment opportunities and the benefits of infrastructure investment in the region, the demand for inner-city living is expected to increase. Inner-city hubs such as Newstead are prime examples where demand has driven significant increases in property values for both new and established apartment and housing dwelling.
Brisbane's CBD was expected to shoulder the biggest price hike, with the median rent for a two-bedroom apartment in the city expected to top more than $1000 a week within the next five years.
A new report by commercial real estate services company CBRE has found that over the next five years in Brisbane, vacant apartments will become harder to find and median rents are predicted to climb.
0.7%
The CBD and south-east suburbs will see the sharpest falls in vacancy, with citywide vacancy falling from 1.1 per cent to 0.7 per cent over the next three years.
24%
Source:CBRE
The research examined the demand, supply, vacancy and rented for Australian apartments and found median rents were expected to grow by 24 per cent between 2025-2030 across 53 precincts in Australian capital cities.
The importance of Brisbane winning the bid for the 2032 Olympic and Paralympic Games cannot be under-estimated. The region has already seen significant increase in the level of infrastructure spending and planning of new projects and upgrades of existing venues to cater to the infrastructure needed to host an Olympic Games. As part of this, many projects will have a lasting legacy for the residents of Brisbane.
Off-the-plan purchases of select recently completed projects achieved price growth of up to 47%*
Past 6 months (October 2024 - April 2025)
Prepared by Urbis, Source: Pricefinder *Based on Luminare and Riviere - initial sale to resale
Prepared by Urbis, Pricefinder, 2019-2024
Population growth in the Newstead Catchment over the past 4 years required circa 480 dwellings per annum. Only 160 per annum have been delivered.
Inner Brisbane has seen declining completions of new apartment product over the past 5 years. Whilst 2025 will see supply complete - there will again be declining supply adding pressure on the demand and supply balance.
In the three years before the 2000 Sydney Olympics, property values rose 15%—but in the three years after, they soared 43%. With Brisbane set to host in 2032, the stage is set for history to repeat, as global attention and major infrastructure investment drive another wave of growth.
Brisbane’s selection as host of the 2032 Olympic and Paralympic Games has triggered an unprecedented level of infrastructure investment. Over $7 billion is committed to Olympic infrastructure alone, with projected economic benefits exceeding $20 billion. For ORO Newstead, this means being at the centre of a city on the rise — where improvements to transport, lifestyle amenity and global exposure will continue to drive long-term value for residents and investors.

The 2032 Brisbane Olympics are poised to significantly influence the city’s property market, drawing parallels to the effects observed during the Sydney 2000 Games. In Sydney, property prices in host suburbs experienced substantial growth during the bidding and pre-Olympic periods, although this trend did not persist post-Games.
Conversely, non-host suburbs saw higher price increases during the pre and post Olympic periods, suggesting a broader regional impact beyond the immediate vicinity of Olympic venues.

Brisbane is increasingly recognised as one of Australia’s premier lifestyle and tourism destinations, offering a diverse mix of natural beauty, cultural landmarks and world-class entertainment. The riverside suburb of Newstead is perfectly positioned to benefit from this appeal, combining inner-city vibrancy with scenic waterfront charm and close proximity to major attractions.
Brisbane’s tourism industry has shown strong resilience and growth following the pandemic, with domestic travel continuing to rise. In the year to March 2023, millions of visitors explored the city for both overnight stays and day trips, surpassing pre-pandemic tourism levels across the region.
Looking ahead, Brisbane is poised for a major tourism boom as the host city of the 2032 Olympic and Paralympic Games. The global spotlight will bring a surge of international and domestic visitors, significantly boosting demand for accommodation, hospitality and leisure experiences. With its close proximity to key Olympic venues, the CBD and major transport hubs, Newstead is ideally located to capture the benefits of this influx.

Newstead has become one of Brisbane’s most desirable inner-city suburbs. Its streets are lined with boutique cafes, award-winning restaurants, craft breweries and chic retail outlets, all set against a backdrop of contemporary architecture and lush greenery.
From the bustling Gasworks Plaza to the refined James Street precinct nearby, Newstead is alive with energy, style and opportunity. Whether it’s a morning coffee by the water, an afternoon stroll through parks and riverside walkways, or an evening cocktail with skyline views, Newstead invites residents to embrace every moment with a sense of ease and understated luxury.







The Newstead area blends historic industrial architecture with a dynamic mix of boutique retail, award-winning dining, entertainment and wellness venues. Newstead is well connected by public transport, including high-frequency bus services, train stations and City Cat ferry terminals nearby, linking residents to key destinations such as the CBD, South Bank and UQ St Lucia.




Little Italy aims to introduce curated retail, food and beverage outlets inspired by Italian culture, food, drink and cuisine to deliver aspects of the Italian la dolcè vita in the heart of Newstead.


Italian migration to Brisbane began in the late 19th and early 20th centuries, with the most significant influx occurring after World War II. Seeking a better life and an escape from war-torn Italy, many Italians settled in Brisbane, working across a range of industries, including the sugar industry in North Queensland and as fishers on the Brisbane River.
Newstead, once a working-class riverside area near Brisbane’s industrial heart, became a popular place to live due to its proximity to work, particularly in construction, manufacturing and food production. By the 1950s and '60s, Italian-run cafés, delicatessens and fruit shops appeared throughout inner Brisbane suburbs such as New Farm, Teneriffe and Fortitude Valley. Newstead residents often frequented these businesses and the Italian influence grew steadily in Brisbane.




The first stage of Little Italy is intended to feature a café, an authentic Italian restaurant, pizzeria, artisan gelateria and laneway to a central plaza within the precinct. The future stages of the Little Italy Precinct is intended to feature an Italian inspired mercato, delicatessen, bakery, pasta and pastry shop as well as other specialty retailers.










by Carr
Carr is a leading Australian architecture and interior design studio renowned for a timeless, refined approach that blends form, materiality, and spatial awareness to create deeply considered environments. Founded in 1971 by Sue Carr AM, the award-winning design practice has built a legacy across residential, commercial, workplace and hospitality sectors delivering projects that enhance the human experience and stand the test of time.


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Kitchen

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Two-Bedroom Bathroom


Three-Bedroom Kitchen Artists

Three-Bedroom Kitchen Artists

Three-Bedroom Living Artists

Three-Bedroom Living





Sub-Penthouse Kitchen

Sub-Penthouse Living Artists Impression
Artists Impression

Sub-Penthouse MasterWardrobe
Artists Impression

Sub-Penthouse Master Ensuite















Penthouse Wellness

DISCLAIMER: All pictures, plans and other visual representations are indicative only. Dimensions, floor areas, fittings, specifications, tiling, paving and floor finishes, landscape and paved areas are indicative only and subject to change without notice. The development is not completed and so the final product may differ from that depicted in this document. Views depicted will not be available from all apartments and may be impacted by future surrounding development. Furnishings not included. Buyers should refer to and rely on the disclosure document and the plans forming part of the contract. Statements made are true to the best of the Seller’s knowledge. Neither the Seller nor its officers, employees or agents accepts any liability for the accuracy or completeness of the information in this document. Interested persons should make and rely on their own investigations and advice and refer to the disclosure document and contract.