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M/Group makes move to consolidate Apartment portfolio
Boutique property conglomerate, M/Group, has taken its next strategic step towards providing a fully integrated-service model that supports its work in the apartment sector; a sector it cut its teeth on some 17 years ago.
The company’s recent move into new West Leederville premises has consolidated an offering that includes fund management, apartment development, construction, maintenance, sales and an emerging dominance as Perth’s only apartment specific management and leasing specialists with M/Property.
M/Group Managing Director, Mr Lloyd Clark, said he is particularly excited about the growth of M/Property and the proposition it presents to apartment investors.
“We have worked in the apartment market long enough to know that the sector’s leasing and management demands are extremely different to that of a tradition stand-alone suburban house,” he said.
“Not many would send their car to a boat mechanic, so we figured why would they entrust an investment apartment to a company that does not have an intimate understanding of the product type. The success of M/Property is testament that this notion holds merit in the Perth marketplace.”
M/Property currently manages over 600 apartments making it one of the largest and only specialist apartment management leasing companies in the State. It has a dedicated leasing team, which is unique in the marketplace, reflecting in a vacancy rate well under the current REIWA industry average.
Further, its success has been achieved over the last four years in an environment where the emerging online ‘do-it-yourself’ portfolio is an option. The company is looking to grow its business organically, however, is open to acquisitions from other business operations that recognise the specialist nature of the apartment market.
“Some of our clients had previously explored online service models and soon realise that the process of leasing and management is more complex than expected,” said Senior Property Manager, Tammy Smith.
“M/Property’s success has been a result of good old-fashioned service, backed by the latest technology, software systems and resources. Our clients get access to an in-house 24/7 maintenance service that is trusted by Government, universities and top corporates.”
Mr Clark believes M/Group’s integrated service model ensures its Property Management division has full control over the apartment pipeline.
“Having an inhouse construction and maintenance team is critical to the management of quality control and providing a high standard of outcomes for our clients,” he continued.
“This is particularly pertinent for apartment owners who want to protect their investment and ensure that the people building the complex are also the ones maintaining it.”
M/Group subsidiary, M/Construction is independently engaged by organisations such Curtin University, Programmed and a number of local and State Government agencies for maintenance services and minor works projects.
For more information on M/Property services visit www.mproperty.com.au.
Christmas comes early with the arrival of new Wodonga Plaza Retail
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M Group
Christmas comes early with the arrival of new Wodonga Plaza Retail
Christmas will come early at Wodonga Plaza with the announcement that even more new retail outlets will be open by early December.
The local community shopping hub has announced that Rivers and Ally Fashion will be opening, as well as Mastercut Meats – all opening in the coming weeks.
Centre Manager, Ms Cherie Daly, said the Centre is literally buzzing and its new retail tenancies will be great for the community in terms of employment opportunities and shopping variety leading up to Christmas.
“With the arrival of Rivers and Ally Fashion, Wodonga Plaza secures its place as a verified fashion destination, complimenting the broad range of fashion retail already in the Centre with baby wear through to menswear and women’s fashion,” she said.
“Our 140-seat food court is also taking shape with Quick Kababs who opened this week, laying claim to the first of three new takeaway outlets to arrive in the Centre. It all speaks volumes for the Wodonga community and the confidence these businesses have in our region.”
The activity continues with Chemist Warehouse now open having taken over the Amcal Pharmacy, and extended leases in place from Millers, Autograph and Noni B. Harmony Massage will move to a brand new location next to Jay Jays, allowing for an expansion of Goldmark in the wellness centre’s previous space which will include a brand new fit out in the New Year.
Wodonga Plaza’s fashion offer will also be supplemented in the lead up to Christmas with Style Supply Co pop up arriving in December.
Mr James Collis from centre owner M/Group, said he is thrilled at how the company’s vision for the centre has come together, and more so by how much the community and tenants have embraced the company’s $4million refurbishment.
“Who would have thought just 12 month ago there would be so much activity and excitement taking place at Wodonga Plaza. We’re so pleased to have had the opportunity to shine a light on the importance of this regional shopping centre hub to attract national brands, such as Rivers, Ally Fashion and CottonOn Mega, to give the community even more options,” he said.
“As we move towards Christmas, Wodonga will now have an even greater environment to enjoy the festive season. We thank the community and our tenant networks for their support and belief in the vision.”
Christmas festivities will kick-off on 8th December with the arrival of Santa and a free Christmas craft workshop being held between 11am and 2pm on Saturday 15 and Sunday 16 December, 2018.
The community is invited to follow the Wodonga Plaza Facebook Page and/or subscribe to its newsletter via www.wodongaplaza.com.au for regular updates.
Match takes Shoreline Apartments to New Heights
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M Group
Match takes Shoreline Apartments to New Heights
The latest Match apartment offering is designed to visually connect with its neighbouring terrace home architecture. It takes the unique terrace home design concept and lifts it to a new level, with penthouse apartments featuring two floors of luxury-living and uncompromising soaring ceiling heights.
M/31 Apartments by Match is located at Landcorp’s visionary Shoreline precinct in North Coogee. It incorporates a mix of one and two-bedroom boutique apartments opposite parkland and adjacent to the recently released and hugely successful M/31 Terrace Homes.
Managing director of Match parent company, M/Group, Mr Lloyd Clark said the three-site development aims to create a design cluster that interacts with the natural surrounds, connection to the ocean and extensive open space.
“These residences are all about architecture and pushing the envelope to create signature residences that maximise the location and space,” he said.
“The apartments are set within a quiet tree-lined street, with ground-floor apartments offering sheltered private courtyards. The design is led by the building’s beach-side location with large balconies to capture shade in summer and sun in winter. All materials and colours are inspired from the surrounding coastal environment.”
The building’s top-floor apartments stand out with a floating illusion from the exterior, with a pop of colour to create impact.
“Perhaps one of the most compelling aspects of M/31 Apartments is its location. It is extremely well-positioned just 500m from the beach within the Shoreline Precinct, which is just 4km from the centre of Fremantle and borders South Fremantle Estate,” Mr Clark continued.
“The Shoreline master-planned community integrates architectural diversity with parkland and will soon be home to shops and cafes, as well as a beach footbridge that is practically at the doorstep of M/31 Apartments and Terrace Homes.”
M/31 Apartments start from $335,000 for one-bedroom apartments and $475,000 for two-bedroom apartments.
For more information visit www.m31apartments.com.au or contact 0432 660 066.