Mosaic secure $210m in pre-sales at The Bedford by Mosaic in Kangaroo Point
Mosaic Property Group has sold $210 million worth of apartments within the first two weeks of its new Kangaroo Point apartment development, The Bedford by Mosaic.
The pre-sale result is Mosaic's strongest early Brisbane response ever, coming ahead of its scheduled public launch in January 2025.
The Bedford, earmarked for a 3,195 sqm site at 25 Ferry Street that has been vacant for three decades, attracted more than 600 expressions of interest in a few weeks.
Mosaic Founder and Managing Director Brook Monahan noted the high anticipation surrounding the undertaking, set to become the first major development in the area in over a decade, with the bulk of sales coming from the Company’s database.
"The intense interest generated with minimal advertising speaks to the iconic nature of this development and its exceptional location," Monahan said.
"It also underscores the deep trust and confidence buyers place in the Mosaic brand and ability to deliver with consistency and quality."
Monahan says the Bedford introduces the peninsula’s first full-service supermarket alongside expansive luxury residences.
"With its timeless architectural design, it sets a new benchmark for inner-city living, seamlessly blending convenience and sophistication in one of Brisbane’s most cherished locations.”
Located in the Dockside precinct, The Bedford comprises 128 two and three-bedroom apartments across 17 levels.
Residents will enjoy sweeping city and river views, world-class amenities tailored to contemporary urban living, and easy access to Brisbane's riverside walks, parklands, and the CBD.
Following acquiring the site from Woolworths, Mosaic collaborated with Gold Coast-based architecture firm BDA to enhance the original Cottee Parker scheme.
The development will feature a 2,236 sqm Woolworths supermarket, accompanied by a café, liquor store, and ample basement parking—addressing a long-standing demand for essential amenities and convenience in the area.
Solidifying its reputation as one of the region's most prolific developers, Mosaic has successfully delivered over 65 projects since 2012, with a combined value exceeding $2 billion, and has an additional $2 billion in projects either under construction or in the immediate pipeline. Currently, Mosaic is progressing three other sold-out addresses in Brisbane, all on track for completion in 2025.
Mosaic’s in-house construction arm, now ranked among the top-tier builders in Australia, will undertake The Bedford’s build.
Mosaic Construction recently earned a triple ISO certification in Quality, Environmental, and Occupational Health and Safety Management, cementing its reputation as a builder that meets the industry’s highest standards of quality, sustainability and safety.
Mosaic is gearing up for the official sales release of The Bedford, with prices starting from $1.3 million. Early construction is set to commence in 2025, with completion anticipated in 2027.
