Mosaic sells 85% of The Carter, Kangaroo Point, before public release

South East Queensland builder-developer Mosaic is continuing its dominance in the new development space.

Before even releasing their new Kangaroo Point development, The Carter, to the open market, they've sold 85 per cent of the 125 two- and three-bedroom apartments.

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 investors and a strong majority of owner-occupiers.

The Carter, on a prime 2,124 sqm site on Linton Street, has been designed in collaboration with BDA Architecture and includes a suite of wellness and lifestyle amenities across its 22 levels 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.

The Carter follows Mosaic's debut Kangaroo Point development, The Bedford by Mosaic, which is also nearly sold out and well under construction. Due to the speed of sales, construction has been brought forward on The Carter, also to be built by Mosaic’s internal, ISO-certified building team. Completion is forecast for early 2027.

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.

Mosaic 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.”

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.

“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," Monahan concluded.