No marketing, no public release but $205-million in sales—Mosaic Property Group has sold the majority of its Brisbane apartment project without the need for the usual measures.
Mosaic has sold 85 per cent of the apartments in its Kangaroo Point project and the fully integrated developer credits returning buyers and referrals for the pre-sales success of The Carter.
The project on a 2124sq m site at 73-83 Linton Street is under construction and due for completion in early 2027 after a few tweaks to plans last year.
The BDA Architecture-designed scheme comprises 125 two and three-bedroom apartments across 22 levels.
Amenities include a golf simulator/cinema and gym along with rooftop pool, steam room, sauna, cold plunge, teppanyaki bar and private dining space.
The Carter is the follow-up to The Bedford by Mosaic, a $325-million mixed-use project that marked the group’s Kangaroo Point debut. It is also under construction and close to selling out.
Mosaic managing director Brook Monahan said buyers were choosing who they believed would deliver on their word—and trust was everything.
“That balance between scale, quality, timing, and delivery is critical,” Monahan said.
“We don’t chase the market—we prepare for it. That’s how we’re consistently able to meet it with the right product at the right time.
“At a time when cost blowouts and uncertainty are still common, that kind of consistency is invaluable.”
This year is shaping up to be one of Mosaic’s most active with $1.2 billion in projects under construction and another $1 billion in new projects due to get under way within 12 months.
Formed in 2012, the group has completed 65 projects with a combined value exceeding $2 billion.
