Mosaic’s $260m Luxury Kangaroo Point Follow-Up Hits 85% Sold Before Public Release

WORDS: Ocean Road Editorial Staff PHOTOGRAPHY Supplied

In a commanding display of brand strength and buyer confidence, The Carter by Mosaic has achieved more than 85% in sales prior to public release, totalling over $205 million in secured contracts. The result reaffirms Mosaic Property Group’s standing as one of South-East Queensland’s most trusted and consistently in-demand residential developers.

Strategically located in the heart of one of Brisbane’s most exciting and dynamic urban transformations, The Carter occupies a premium 2,124m² site on Linton Street, Kangaroo Point – a precinct undergoing major investment, infrastructure enhancement, and broader urban revitalisation.

The development is Mosaic’s highly anticipated follow-up to The Bedford by Mosaic, the $325 million mixed-use landmark that marked the group’s Kangaroo Point debut. With The Bedford now under construction and nearing full sell-out, demand for The Carter has surged – driven by Mosaic’s proven track record, disciplined delivery model, and hard-earned buyer trust.

The latest design collaboration with BDA Architecture comprises 125 expansive two- and three-bedroom residences across 22 levels, complemented by a suite of world-class wellness and lifestyle amenities – including a golf simulator/cinema, commercial-grade gym, and a rooftop recreation level with pool, steam room, sauna, cold plunge, teppanyaki bar, private dining space, and landscaped terraces offering views across the suburb’s iconic timber and tin rooftops to the river and city skyline.

Interest has come primarily from Mosaic’s existing customer base, with the majority of sales attributed to returning buyers and direct referrals. Purchasers include a balanced mix of savvy investors and a strong majority of owner-occupiers – drawn not only to the project’s standout location and amenity offering, but to Mosaic’s unwavering commitment to delivery, quality, and end-to-end involvement.

Such strong early demand has fast-tracked construction, which is now underway ahead of schedule, delivered by Mosaic’s internal, ISO-certified building team.

In line with this momentum, the final release of residences at The Carter – held back until construction commenced – is now available, with prices starting from $1.3 million and completion forecast for early 2027.

Founder and Managing Director Brook Monahan said the sales result is not just about momentum – it’s about trust and a deep understanding of how people want to live.

“We’re incredibly proud of the response to The Carter, but even more so of what it represents,” Monahan said.

“In today’s market, trust is everything. Buyers aren’t just choosing a floorplan or responding to architecture, finishes, amenity – they’re choosing who they believe will deliver on their word, who will stand by what they build, and who will still be there long after the keys are handed over.”

“At a time when cost blowouts and uncertainty are still common, that kind of consistency is invaluable. We’ve never once gone back to a buyer and asked for more money, not once. Nor have we ever taken a shortcut in terms of the delivery of the end product, despite rapidly escalating construction costs.

Instead, we’ve built a business model designed to protect our customers – and the trust they place in us – at all costs. That’s why they keep coming back. That’s why they refer their family and friends. And it’s a responsibility we never take for granted.”

Monahan added that responding to the current market environment means getting the balance exactly right – something Mosaic has long focused on refining.

“It’s not just about creating a luxury product – it’s about understanding how people want to live, where they want to live, and what truly adds lasting value,” he said.

“That balance between scale, quality, timing, and delivery is critical. 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.”

“We listen to our customers, and from that, we continue to learn and evolve our product. We don’t overpromise. On top of that, we don’t walk away. We remain involved – because that’s what makes the difference. You see it in the history of our buildings age, how they’re maintained, and how they continue to perform over time.”

“That presence, that ownership, makes all the difference – and buyers respond to it.”

This year is shaping up to be one of Mosaic’s most active to date, with $390 million in completed projects already delivered, $1.2 billion currently under construction, and another $1 billion in new projects set to commence within 12 months. Mosaic continues to lead the market through a combination of consistency, clarity, and delivery excellence.

“It’s easy to launch a beautiful render. It’s much harder to build something exceptional, deliver it on time, and keep standing behind your projects – development after development, year after year. That’s the business we’re in.”