Colliers International appointed to market Stage 2 of Mosaic
April 24, 2012
| Project Marketing
Colliers International today announced its exclusive appointment to the project marketing of the second stage of Fortitude Valley’s $150 million Mosaic development, which signals the continuation of the area’s growth as a residential mixed-use neighbourhood.
Developed by Leighton Properties, on completion Mosaic will comprise 212 residential apartments over 18 stories, 2000 sq m of associated retail and commercial space and a boutique 48-room Grand Chifley hotel. Private equity giant The Carlyle Group has recently entered into a 50/50 joint venture on the Mosaic project.
Colliers International will launch the second stage of Mosaic in May, which features brand new floor plans for the residential component, with apartments priced from $357,000.
Andrew Roubicek, Colliers International Managing Director of Residential, said sales for the first stage of Mosaic were very strong and it was expected sales would be just as strong for stage two, with potential buyers already showing plenty of interest.
He said Mosaic was located on a 3752sq m site on the corner of East, Church and Ann Streets in the burgeoning Fortitude Valley, an area that has been undergoing urban renewal for some time and is a very popular place to live, with plenty on offer for residents.
“Mosaic is situated only 1.5 kilometres from the Brisbane CBD, surrounded by all the arts, music, food, fashion and shopping in the heart of Fortitude Valley,” he said. “It is in the city’s best connected corridor, just 300 metres from the Brunswick Train Station and close to major bus routes and major road networks, including the Inner City Bypass, the Bruce Highway, the Gateway Arterial and Bowen Bridge Road.
“The development is centrally located and close to the suburb’s trendy James Street, which is undergoing rejuvenation, as well as the fashionable Emporium development on Ann Street.”
Mr Roubicek said one of the most unique features of Mosaic is its innovative exclusive 600 sq m residents-only rooftop terrace with lush sky-high gardens and fantastic city views.
“This is something no other development has done before – and it has proven to be a major drawcard for buyers,” he said.
Designed by Cox Rayner Architects, the residential tower in Mosaic features a range of stylish one and two-bedroom apartments with an open plan to maximize natural light, ventilation and panoramic views. The second stage features floor plans that were not available in stage one.
Mr Roubicek said the appointment of Colliers to market Mosaic represents the diverse range of property the company’s Brisbane residential team now offers through the growing region outside the Brisbane CBD and into Fortitude Valley.
“Our team is very excited to be involved on a landmark project which has many unique characteristics including the Fortitude Valley location, the building’s architectural appeal, the retail amenity, the hotel and not to mention the brand new apartment designs to be released in the second stage,” he said.
Mr Roubicek said he is immensely proud of the successes the Colliers Residential team has delivered for its clients over the years and the heritage this builds with a track record spanning more than three decades in residential property.
“But this is only the beginning. The competitive advantage we offer every client is our focus on their future. We look forward to delivering even more successes to our clients throughout the Brisbane region.”
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