MOSAIC LAUNCHES $15M PROJECT IN NORMAN PARK

Written on the 12 October 2015

MOSAIC LAUNCHES $15M PROJECT IN NORMAN PARK

HARD on the heels of delivering more than 330 apartments across Brisbane this year, Mosaic Property Group has launched its 'most luxurious' project yet.

The $15 million Reside by Mosaic project in Norman Park is expected to follow in the footsteps of the developer's 11 current properties and generate strong sales.

Mosaic managing director Brook Monahan says the Norman Crescent site was acquired earlier this year with a view to creating the most prestigious development in the eastern suburbs.

"Norman Park is known for its beautifully renovated Queenslanders and post-war workers' cottages, with all the services and facilities you could possibly ever hope for," Monahan says.

"Designed by Vabasis Architects, Reside by Mosaic capitalises on its highly elevated position and blends privacy and luxury with the convenience of city fringe living to offer sleek, large luxury apartments with unmatched 180 degree city and river views."

Featuring 21 boutique two and three-bedroom residences, Monahan says demand for inner-city housing and low rise apartments remains strong.

He says the population of Norman Park has increased by more than 18 per cent since 2006.

"Norman Park is also ideally situated at the centre of a range of boutique shopping and entertainment areas, only minutes from the Oxford Street and Stones Corner's dining options, as well as the Woolloongabba and Southbank arts and cultural precincts," he says.

Construction of Reside by Mosaic is scheduled to commence next month, with first residents expected to settle in September 2016.


Latest News

EVERYTHING YOU NEED TO KNOW ABOUT THE NATIONAL BROADBAND NETWORK

THE National Broadband Network (NBN) is more than an internet connection, it is an opportunity to transform your b...

VOLATILE INDUSTRY CLIPS FLIGHT CENTRE'S WINGS

DESPITE achieving record sales in the first half, Flight Centre Travel Group (ASX: FLT) profit has suffered the ef...

ARDENT TAKES $95.2 MILLION HIT FROM DREAMWORLD TRAGEDY

ARDENT Leisure has taken a $95.2 million write-down on the value of its Dreamworld theme park following the tragedy t...

AGENT EXITS, LOW LISTINGS HURT MCGRATH

PROFITS have dived 72 per cent at real estate group McGrath (ASX:MEA) to $2.4 milllion on the back of low property...

Related News

EVERYTHING YOU NEED TO KNOW ABOUT THE NATIONAL BROADBAND NETWORK

THE National Broadband Network (NBN) is more than an internet connection, it is an opportunity to transform your b...

WHY EMPLOYEE-OWNED COMPANIES ARE BEATING ASX200 SHARE PRICES

EMPLOYEE-owned companies command a higher share price than their publicly listed peers, reaping a 17 per cent prem...

RISE OF THE MACHINES HAS WORKERS SWEATING

UP TO 3.8 million Australian workers are fearful their job may soon be terminated by a robot, a new survey has shown....

LESS TALK, MORE SMALL BUSINESS ACTION IN 2017

THE future growth and prosperity of Australian SMEs could be undermined if governments lose sight of the sector...

Contact us

Email News Update Sign Up Contact Details
Subscriptions

PO Box 2087
Brisbane QLD 4001

LoginTell a FriendSign Up to Newsletter