Riverfront site in South Brisbane sold to Mosaic for $30m

The 4,282m² site, secured from the Schiavello Group through Knight Frank’s Christian Sandstrom, commands 35 metres of uninterrupted Brisbane River frontage. In South Brisbane’s cultural heart, with seamless access to West End and the CBD, it is surrounded by the city’s finest dining, retail and amenity, and boasts one of the highest walk scores in Queensland.

Directly adjoining a precinct—earmarked by the State for new parkland, housing, and cultural infrastructure—Mosaic’s project sits at the epicentre of this section of the riverside regeneration, consolidating South Brisbane’s reputation as the city’s most dynamic and diverse riverfront destination.

Mosaic has commenced concept planning with design partner Bureau Proberts for a luxury,owner occupier focused tower consistent with the group’s flagship schemes across South East Queensland.

Mosaic’s Founder and Managing Director, Brook Monahan – recently appointed Chairperson of Queensland’s Residential Tenancies Authority Board – said the acquisition marked a pivotal step in the group’s evolution, reinforcing its growth trajectory and its position as a leader in the luxury residential sector.

“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.”

“For more than two decades,we have listened and learned from our customers, shaping a brand built on integrity, authenticity and a genuine understanding of how people want to live.”

“Securing a site of this calibre — true north-facing river frontage with expansive views and seamless access to Brisbane’s premier cultural, dining and lifestyle precincts — is exceptionally rare. It is exactly the kind of opportunity that allows us to bring our philosophy to life and deliver a project of enduring value for our  customers.”

“This represents a defining moment — not just for Mosaic, but for Brisbane. With major urban renewal planned for this corridor, our project will help anchor a new era for South Brisbane — one that unites culture, community and world-class riverfront living.”

Mr Monahan said the ability to secure and deliver sites of this calibre had become increasingly complex in the current environment.

“For us, this is never business as usual. We are highly selective and will often wait years for the right opportunity, having first engaged with the Schiavello family about this site back in 2018. We only move forward when we have absolute certainty that we can deliver — and deliver to the standard our customers expect and deserve.”

“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.”

“This discipline has created a track record that gives our customers something rare in today’s market — genuine confidence and assurance when they choose to buy with us.”

Founded in 2004, Mosaic has grown into one of Queensland’s leading private integrated residential groups, spanning site acquisition, marketing, design, development, construction and long-term building  and property management.

Since rebranding in 2012, the group has delivered more than 70 projects worth over $2 billion, with a secured pipeline exceeding $2 billion. It has never failed to complete a project — despite navigating  multiple industry cycles — and every development has sold out well ahead of completion.

This year to date, Mosaic has completed five luxury projects, delivering more than 450 new homes with a combined value of $580 million. With six active construction sites totalling $1.35 billion, it stands as one of the most active and consistent private developer-builders in the state.

Mr Monahan said Mosaic’s growth has always been driven by a long-term, customer-first philosophy.

“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. For us, customers sit at the top of the pyramid. The strongest validation is the number of return purchasers and referrals we see. That’s the clearest measure we are on the right path.”

With its new luxury South Brisbane tower, Mosaic is signalling intent to shape not just buildings, but to be a part of the city’s next exciting chapter.

“This project marks an important step in Mosaic’s evolution — the opportunity to apply everything we have  refined over two decades to our most ambitious Brisbane address yet. It is an extraordinary privilege to deliver something of this calibre in the very heart of Brisbane’s cultural precinct.”

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