BUYERS SHIFT FOCUS TO UPPER MOUNT GRAVATT

Written on the 13 August 2015

BUYERS SHIFT FOCUS TO UPPER MOUNT GRAVATT

UPPER Mount Gravatt is revelling in a resurgence with property and infrastructure investment tipping more than $60 million, according to Mosaic Property Group.

The developer hopes to capitalise on the area's growing popularity with the launch of 42-apartment project, Liberty by Mosaic.

Mosaic managing director Brook Monahan says the suburb's proximity to the CBD appeals to young couples, families and downsizing households.

"Upper Mount Gravatt is currently  experiencing rapid growth, having been identified as a key area for unemployment in south-east Queensland, forecast to generate around 9000 jobs in retail, government, health and community service sectors," Monahan says.

"Buyers of all ages and demographics seem to be scrambling to get their hands on properties in the area, particularly due to its proximity to the CBD, employment and education facilities, excellent transport networks and retail precincts including the newly refurbished Garden City Shopping Centre."

Monahan says Liberty by Mosaic will feature one, two and three-bedroom apartments that reflect the suburb's idyllic surroundings.

The development is close to a number of amenities, including farmers market, cafes, supermarkets, restaurants and schools.

"Mosaic Property Group prides itself on developing luxurious yet affordable residences in well-placed areas that boast the best facets of city-fringe living, which is why we were attracted to the Mount Gravatt area," he says.

"Brisbane's southern suburbs are set to experience a major property boom, so buyers and investors are urged not to miss the opportunity to secure their personal slice of real estate heaven."
Construction is expected to commence in November.

 


Latest News

SIRTEX CEO DISMISSED FOLLOWING SHARE TRADING PROBE

SIRTEX Medical Ltd (ASX: SRX) has sacked its chief executive officer, Gilman Wong (pictured), following an investigat...

SANTA DELIVERS KOGAN A GIFT

KOGAN.COM (ASX: KGN) has exceeded its expectations and reported another strong quarter of trade.

The online retail...

FOUR WAYS YOU SHOULD PROTECT YOUR IT SYSTEMS FROM EXTREME WEATHER

SHANNON Overs, co-founder of onPlatinum ICT, sees it too often, perhaps half a dozen times per year businesses tha...

IOT GROUP ORDERS FIRST PRODUCTION OF ROVA DRONE

IOT Group (ASX:IOT) has ordered production of 40,000 units of the ROVA flying selfie drone from Chinese technologies ...

Related News

RISE OF STARTUP SUPPORT PROGRAMS NOT AS ROSY AT IT SEEMS

ENTREPRENEURIAL cultivation companies in Australia are appearing quickly, but questions have been raised about whe...

SMES TAKE RETAIL MARKET SHARE AS CONSUMERS CHOOSE PERSONALISATION

IN a battle for the hearts and wallets of Australian consumers, it appears that small and medium retail businesses...

KNOWLEDGE WORKERS AMONG MOST SOUGHT AFTER IN 2017

BUSINESSES searching for efficiencies and improved systems are in search of knowledge workers early this year, say...

FEMALE ENTREPRENEURS GET SPRINGBOARD TO GROWTH

DESPITE the fast-growing number of women studying STEM subjects at school and university, women continue to be und...

Contact us

Email News Update Sign Up Contact Details
Subscriptions

PO Box 2087
Brisbane QLD 4001

LoginTell a FriendSign Up to Newsletter