MOSAIC BUILDS ON SUCCESS AT INDOOROOPILLY

Written on the 12 June 2015

MOSAIC BUILDS ON SUCCESS AT INDOOROOPILLY

INDOOROOPILLY is on the fast track to become a luxury hotspot in Brisbane and Mosaic Property Group is behind the wheel driving $50 million worth of investments.

The boutique developer has launched Circ. by Mosaic, its third high-end project in the prestigious suburb.

The 19-apartment residential complex was spurred on by early sales for Scribe on Clarence and Alto on Priory, both in Indooroopilly.

According to figures by Metro Property, the population of Indooroopilly is predicted to increase by more than 5000 people in the next 20 years, creating demand for an extra 2200 dwellings.

Brisbane City Council recently classified the suburb as a major centre, following the $450 million refurbishment of Indooroopilly Shopping Centre and construction of the $1.5 billion Legacy Way tunnel.

Mosaic Property managing director Brook Monahan says the group has laid extensive plans to capitalise on the infrastructure investment in the area.

He says the residential pocket's close proximity to the CBD and a range of retail amenities has led to Indooroopilly's transformation as one of Brisbane's most sought-after locations.

"Indooroopilly is undoubtedly one of Brisbane's most picturesque residential suburbs, attracting a cosmopolitan mix of students, young couples, families, professionals and retirees," Monahan says.

"Located a mere six kilometres from the Brisbane CBD, Circ. by Mosaic offers 19 exclusive apartments ranging between one and three bedrooms in size within minutes of the area's outstanding education facilities, high frequency public transport and the Wesley medical precinct.

"Nestled in a prestigious residential pocket with aspects towards the Brisbane River, Circ. by Mosaic is surrounded by leafy parks and bikeways, in close proximity to exceptional golf courses, cafes, restaurants and the Indooroopilly Shopping Centre, which offers some of the world's most iconic brands following its recent multi-million dollar facelift."

Construction on Circ. by Mosaic is expected to start at the Clarence Road site in August.

Monahan says the team places aesthetic appeal at the forefront of design plans to attract buyers.

"In keeping with its picturesque surroundings, Circ. by Mosaic boasts an iconic architecturally-designed façade, with each apartment finished to the highest possible standard, equipped with luxury design features and finishes such as stone benchtops, high ceilings, full air-conditioning and top quality European fixtures and appliances," he says.

"The western suburbs of Brisbane are on the verge of a boom, which signals the perfect time for buyers to invest in one of Brisbane's most sought-after city-fringe suburbs."

Scribe on Clarence is expected to be completed in February 2016, delivering 54 apartments across seven storeys. The project sold out within two months of release.

Located next to the Brisbane River, Alto on Priory features 21 large open-plan apartments and is scheduled to be completed in March 2016.

Mosaic Property Group has a pipeline of 14 inner-city residential projects in development.

Latest News

BRISBANE COAL TERMINAL REOPENS AFTER SHIPLOADER REPAIR

COAL loading has recommenced at New Hope's (ASX: NHC) Brisbane terminal today after repairs to its ship loader, w...

SUPERYACHTS OFFER UNTAPPED POTENTIAL AT COMMONWEALTH GAMES

SUPERYACHT Australia has devised a strategy to attract more superyachts to Queensland and capitalise on revenue op...

ACCC GIVES GO-AHEAD FOR NEWS CORP TO BUY ARM

NEWS Corporation (ASX: NWS) has been given the green light to acquire Australian Regional Media (ARM) from APN New...

ENTREPRENEUR'S NEW VENTURE SWEET AS 'HONEE'

A MELBOURNE entrepreneur hailing from the food tech scene has launched a new venture to change the face of beauty....

Related News

HOW MCDONALD'S AUSTRALIA REDISCOVERED ITS INNOVATIVE SPIRIT

MCDONALD'S is such a ubiquitous part of the Australian landscape today that it is easy to forget how it change...

JB HI-FI IS THE GOOD GUY IN $870 MILLION ACQUISITION

ELECTRONICS giant JB Hi-Fi has formally completed its $870 million acquisition of home appliance chain The Good Gu...

ACCC ACTS AGAINST MERITON'S RIGGED REVIEWS

MERITON Property Services is under fire from Australia's main consumer watchdog, after it allegedly engaged in mi...

ACCC FIRES WARNING SHOT TO IVF PROVIDERS

IVF clinics have been put on notice by consumer watchdog, the Australian Competition and Consumer Commission (ACCC...

Contact us

Email News Update Sign Up Contact Details

Subscribe to our mailing list

* indicates required
Email Format

PO Box 2087
Brisbane QLD 4001

LoginTell a FriendSign Up to Newsletter