MOSAIC SECURES $30M RIVERFRONT SITE FOR LANDMARK SOUTH BRISBANE PROJECT
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MOSAIC SECURES $30M RIVERFRONT SITE FOR LANDMARK SOUTH BRISBANE PROJECT

The developer’s most ambitious Brisbane tower to date will anchor new era of riverfront living.

By Jeni O'Dowd
Wed, Oct 15, 2025 4:51pmGrey Clock 2 min

Mosaic Property Group has made its long-anticipated move into South Brisbane, acquiring a $30 million north-facing riverfront site at 91 Montague Road for what will become its largest project to date, with Stage 1 expected to carry an end value of around $500 million.

The 4,282-square-metre parcel, purchased from the Schiavello Group through Knight Frank’s Christian Sandstrom, commands 35 metres of uninterrupted Brisbane River frontage and sits in the city’s cultural heart, with access to West End and the CBD.

The site adjoins a precinct earmarked for new parkland, housing, and cultural infrastructure, putting the development at the centre of Brisbane’s next wave of riverside regeneration.

Mosaic has begun concept planning with Bureau Proberts for a luxury, owner-occupier-focused tower consistent with its flagship projects across South-East Queensland.

Founder and Managing Director Brook Monahan said the acquisition represented a pivotal step in the company’s growth and its evolution as a leader in the luxury residential market.

“This is one of the most extraordinary opportunities we have ever secured — a once-in-a-generation riverfront site that gives us the platform to deliver something truly transformative for Brisbane,” Monahan said.

He added that Mosaic’s vertically integrated model and disciplined site-selection strategy had been key to maintaining momentum despite industry headwinds.

“Escalating costs, tighter finance, planning complexity and labour shortages are causing many projects to stall or be shelved. Mosaic’s vertically integrated model and disciplined approach — targeting only the most exceptional locations where people genuinely want to live — has enabled us to continue bringing projects to life.”

Founded in 2004 and rebranded in 2012, Mosaic has completed more than 70 projects worth over $2 billion and has another $2 billion pipeline secured. This year alone, the group has delivered five luxury developments totalling $580 million and currently has six active construction sites worth $1.35 billion.

Monahan said Mosaic’s philosophy remained customer-first. “We had to learn to crawl before we could walk — steadily building capability, growing our people, refining our model, investing heavily in our business, and deepening our understanding of what customers truly value.”

The South Brisbane project is scheduled for release in early 2026.



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A Denver condo that hit the market earlier this week for $16 million is now the Mile High City’s most expensive listing. 

The new listing by far beats the next-priciest home for sale, a condo in a new development that was put on the market at the beginning of the year for about $9.79 million. 

 The city’s most expensive single-family home is asking just shy of $9 million—the metro area’s priciest single-family homes tend to be in the Cherry Hills Village suburb.  

At 7,145 square feet, the newly listed unit is nearly double the size of the one in the new development and more on par with the size of some of Denver’s most expensive single-family homes.  

It’s on the top floor of a seven-story mixed-use building that was built in 2008 in the Cherry Creek neighbourhood, one of the most affluent areas of the city. 

The last time the three-bedroom apartment sold was before it was even completed, though it’s been owned under a few different LLCs and trusts. 

The seller, who Mansion Global wasn’t able to identify, bought the condo from the developer in September 2007 for $4.047 million, records show.  

The design of the interiors is European-inspired, with decorative columns, elaborate millwork and ornate built-ins.  

Plus, there’s a mahogany-clad study, a formal dining room that seats up to 30 guests and views of mountains and Denver Country Club’s golf course.  

A private terrace adds 1,230 square feet of outdoor living space and features a fireplace and a built-in barbecue, according to the listing with Josh Behr of LIV Sotheby’s International Realty.  

A representative for Behr didn’t respond to a request for comment. 

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