Brisbane-based boutique developer Mosaic Property Group is taking advantage of a perfect storm of fundamentals as it firmly cements its positon as one of the Sunshine Coast’s leading developers.
Mosaic has launched its $100 million Avalon to the market with much fanfare, a superb selection of 87 spacious apartments on the banks of the Maroochy River that is bringing a new level of prestige to the location.
Pairing luxurious design features with six-star resort-style facilities, Avalon is not only capitalising on the renaissance underway in Maroochydore but the Sunshine Coast in general.
“The scale and strength of the Sunshine Coast is often underestimated, but the city is outpacing other regional cities in population, infrastructure and jobs growth,” said Mosaic Property Group’s Managing Director Brook Monahan.
“In addition to this there are some dramatically undersupplied sectors such as the luxury apartment market that Avalon falls into.”
“The Sunshine Coast has mapped out a 20-year economic blueprint which aims to attract key public and private investment which will see a high-value yet sustainable economy in the region,” he said.
Mr Monahan said Avalon was a part of Mosaic’s long-term strategy to invest in the Sunshine Coast.
“It’s a region that is very special to us and the team are very excited and confident in our decision to extend Mosaic’s product offering to the Sunshine Coast,” Mr Monahan said.
“Years of consideration and research have gone into this strategy and we’ve been closely watching the local economy and its growth as a popular regional city.
“We’re looking forward to delivering exceptional residential buildings to the ever-expanding location.
“Avalon is without compare from anything else in the area in terms of sophisticated architecture, the level of luxury and prestige, the unmatched location, unparalleled amenity, and lifestyle it provides its residents.”
The Maroochy River only spans 800 metres in this particular north-east facing stretch of the riverbank, making Avalon a rare opportunity to secure absolute luxury riverfront living, said Mr Monahan.
“Avalon is the rare combination of unique macro investment drivers, unique architectural design, plus the highly aspirational riverfront location, that elevates Avalon to a never to be repeated opportunity.
“Our purchasers are people who have a taste for quality and value exceptional beauty in architecture and location,” he said.
Avalon has proven to be a stand out success with locals which is reflected in the exceptional sales prior to launching Avalon to the public.
Since official launch in September, Mosaic has continued to steady sales from locals as well as Brisbane, Sydney and Melbourne residents, looking for either a great investment, a holiday home, or a permanent sea change.
Avalon is Mosaic’s fourth project to be launch on the Sunshine Coast within the space of two years.
“We have two developments at King’s Beach. Cyan was recently announcement HIA award-winning ‘Apartment Complex of the Year’, and Solis is due for completion in the next few months.
“Drift by Mosaic is another project we have under construction in Coolum Beach and is due for completion later next year,” Mr Monahan said.