Courier Mail Developing Queensland 30/05/26 – A developer has fast-tracked construction of a Burleigh Heads luxury apartment project
Mosaic Property Group has brought forward construction of its latest Burleigh Heads luxury apartment project.
This follows more than $180m in sales within months of the $200m beachfront project, Josephine by Mosaic, being launched.
The project is close to sell-out, prompting Mosaic’s in-house construction team to bring commencement forward. At 166 Esplanade, Josephine is Mosaic’s fourth luxury beachfront address along The Esplanade and its first in the suburb.
Designed in partnership with EMK Architects, Josephine has 30 half- and full-floor residences across 18 levels, with some nearing 500sq m and priced up to $13m. Residents will enjoy five-star wellness and resort-style amenities including a pool, spa, sauna, steam room and gymnasium.
Mosaic’s founder and managing director, Brook Monahan, said Josephine represented the most elevated expression of Mosaic’s coastal philosophy – shaped by years of consistent delivery and a refined understanding of what people truly seek in a coastal home by the ocean.
“With every project, we refine our thinking about what sits at the heart of genuine luxury – clarity, calm, craftsmanship, and the deep sense of assurance that comes from thoughtful, intentional design,” he said.
“Josephine is the culmination of that evolution. The market’s response reflects the value of staying closely aligned with people and place, recognising the nuances that shift over time, and elevating the experience through design and timeless detail.”
“In a place as iconic as Burleigh, the character is already inherent. Our role is to respond to it with clarity and intention – creating homes that are beautiful, grounded and deeply considered, where luxury is defined not by excess but by the quiet assurance of spaces designed to endure.”
Released off-market in late 2025, Mr Monahan said the early momentum further reduced the time required to financially close the project.
“It’s about trust,” he said.
“Buyers want confidence that what they’re promised will be delivered – and delivered with care. That matters more than anything else.
“That trust underpins everything we do, earned quietly over many years through discipline and consistency.
“People want assurance – particularly in the current market – that their commitments made at the outset will hold firm.
“We have never sought additional contributions during construction, even in challenging periods; we have never compromised on quality; and we have never failed to complete a project we have taken to market. And critically, we stand by our work for the long term.”
Mr Monahan said Mosaic’s decision to accelerate construction was a response to observed reflected structural resilience rather than market reactions.
“The volatility of recent years and the conditions we continue to see today have shown how quickly the market can shift,” he said.
“They have also reaffirmed the importance of the disciplines we have always prioritised: our internal construction capability, disciplined financial stewardship, and a prudent approach to risk.
“Costs will always move, but certainty comes from preparation. That’s why we continue to focus on delivering on our commitments irrespective of market conditions.”
Remaining residences are priced from $4.5m with completion expected in mid-2028.
