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Case Study – Sunshine Coast Value Uplift

Anthony Hancock
Anthony Hancock
30/04/19

Mosaic’s projects are in high demand locations where people want to live – with schools, transport, and lifestyle amenity. Great sites in these key locations are rare and the growing level of demand to live in these areas will always exceed supply, putting Mosaic property owners in the best position for growth in capital value over time.

21 Canberra Terrace, Caloundra – Sunshine Coast

Perched high on Canberra Terrace overlooking Kings Beach in Caloundra, Cyan by Mosaic is a boutique, seven storey development of 31 apartments. Cleverly designed to maximise privacy and space, each apartment has been skillfully positioned to take advantage of the sea breezes and stunning views. Mosaic’s first development on the Sunshine Coast, Cyan proved an immediate success with buyers, selling out within three months.

Development Snapshot

  • Winner HIA Sunshine Coast Apartment Complex of the Year Award 2018
  • Mosaic’s first project on the Sunshine Coast
  • 31 apartments over seven levels
  • Total project value $19.5 million
  • 2 Penthouses feature private plunge pools on their balconies
  • Released January 2017
  • Sold Out April 2017
  • Construction Started February 2017
  • Settled September 2018
  • Built by Mosaic Construction

Value Uplift

Buyer Testimonial

“I’m the proud owner of three completed Mosaic properties: two in Brisbane (apartment and townhouse), and an apartment in Cyan. I have also recently purchased a fourth property which is an apartment in Avalon, Maroochydore. I was referred to Mosaic by my adviser and from the initial introduction through to settlement and placing a tenant, I have always found the entire team at Mosaic to be extremely professional. Although Cyan was the first of Mosaic’s developments on the Sunshine Coast, the quality of their Brisbane product was evident by the low vacancy periods and high rents achieved in an oversupplied market. Coupled with the region’s potential growth, along with a high demand for, and a limited supply of, quality product in the area, I had confidence that I was making the right decision by buying again with Mosaic.” ~ Alison, Mosaic Repeat Purchaser

About Mosaic

Established in 2004, Mosaic Property Group is regarded as one of Queensland’s most awarded and respected residential property developers. With a growing footprint of award-winning projects in South East Queensland, we are committed to creating sustainable urban solutions that inspire the local and surrounding communities and deliver outstanding economic and lifestyle benefits to our customers and stakeholders. Our unique, integrated approach to managing every aspect of the development process, from research, site acquisition, design, marketing and sales, to construction, settlement and property management, ensures we consistently deliver on our promise of enduring value to investors and owner-occupiers.