First look: Mosaic finalizes plans for next Gold Coast apartment development
Burgeoining South East Queensland developer, Mosaic Property Group, has finalized plans for its recently acquired Palm Beach beachfront apartment development.
Brook Monahan's Mosaic has submitted code assessable plans for a nine-level building designed by bureau^proberts. It will have 32 apartments on the 1,651 sqm site at 1357 Gold Coast Highway, Palm Beach, not far from Palm Beach State School.
It will replace a 1980s block of five apartments.
The new development will have a mix of seven two-bedroom and 25 three-bedroom apartments. The apartments will sit above two levels of basement parking for 67 cars. It will form part of Mosaic's Masterpiece Series of luxury new apartment developments.
bureau^proberts says the design emphasises a subtropical architectural style, incorporating open and breathable façade materials with significant landscaping that "softens the building's appearance and blending it with the surrounding environment."
Residents will have access to a communal open space on the second level that will feature a pool, lounge chairs, a sauna, a magnesium spa, and a gym across 225 sqm. A lobby will feature informal resident spaces, board rack storage, and parcel lockers.
The site will also offer direct beach access along its southern boundary, complete with an outdoor shower.
On the site acquisition, Mosaic's Founder and Managing Director, Brook Monahan, said it was an "incredible, rare, ideally positioned piece of beachfront real estate."
"We're excited to have the opportunity to create another collection of beautiful homes to fulfil the strong sustained demand for Mosaic products on the Gold Coast," Monahan said.
"We're highly selective and strategic in our site acquisitions. Any opportunity undergoes a painstakingly detailed evaluation and extensive investment into relationships with locals to ensure the outcomes align with our vision for luxury living and long-term growth. This approach takes time, but it ensures we create exceptional quality and value for our customers while contributing meaningfully to the communities we are lucky to be a part of."
Mosaic has built a significant footprint on the Gold Coast, with six premium addresses completed in the past three years alone. Its latest achievements include Dawn by Mosaic in Mermaid Beach, Bianca by Mosaic in Bilinga, and Luca by Mosaic in Kirra, all having wrapped up between late 2023 and early 2024.
Currently, the company is actively constructing a further five all-but sold-out luxury multi-residential projects on the Gold Coast through its own building arm, Mosaic Construction, totalling $650 million and comprising 275 apartments.
Five additional projects are being built by Mosaic Construction in Brisbane and on the Sunshine Coast, bringing its combined construction portfolio to 10 projects valued at over $1.2 billion, translating to the delivery of 750 homes within the next two years.
