M Group
M/Group to Develop and Hold Third Quest Apartment Hotel
M/Group is strengthening its presence in Western Australia’s North West with the announcement of a new investment located in the Pilbara region. This project marks our third collaboration with the Quest Apartment Hotels brand, a fully owned subsidiary of The Ascott Limited, further cementing a successful long-term partnership.
Under our ‘Develop and Hold’ strategy, M/Group will oversee the delivery of this premium accommodation hub, designed to cater to the sustained demand from the corporate and industrial sectors in the Pilbara. By retaining the asset within our portfolio, M/Group continues to focus on securing high-yield, long-term investments in key economic growth zones.
The Quest South Hedland development underscores our confidence in the region and our commitment to delivering institutional-grade assets that support the state’s essential industries.
For more information, visit the Quest South Hedland project website here.
Amara Pre-Sales Officially Launched
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M Group
Amara Pre-Sales Officially Launched
Following much anticipation, M/Group is excited to announce that pre-sales for our latest residential landmark, Amara Estate, officially launched at the end of July 2025.
Amara Estate is a secure, gated community with shared green spaces and residence clubhouse. The primary goal of this project is to facilitate delivery of safe, affordable, climate-resilient homes in a secure, gated community for essential workers in this high priority regional location in the Kalgoorlie-Boulder area. The essential key workers include and aren’t limited to the following industries: childcare, education, emergency services, government employees, healthcare, and retail.
Currently, there are 40 dwellings pre-sold, and 36 dwelling contracted to be leased to the Government Regional Officer Housing (GROH) program. Demand for sales and leasing remains exceptionally strong, driven by Kalgoorlie’s current vacancy rate of less than 1%.
The project is set to move into the construction phase early next year. The Building Contract and Civil Works package has been finalised, and we have secured full project funding through the Commonwealth Bank of Australia (CBA).
South Western Highway Development Update
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M Group
South Western Highway Development Update
M/Group is pleased to provide a timeline update for our upcoming project located on South Western Highway, Armadale. Following extensive planning and design phases, construction is officially scheduled to commence in mid-2026.
This project represents a strategic addition to our commercial portfolio, capitalising on the high visibility and logistical advantages of the South Western Highway corridor. We have commenced finalising Offer to Leases to blue chip tenants: 7-Eleven, Banjos Bakery, Ultra Tune, and Sparkletown Car Wash.
We look forward to breaking ground next year and delivering a project that contributes to the economic growth of the surrounding region.
Geraldton Large Format Centre Reaches Completion
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M Group
Geraldton Large Format Centre Reaches Completion
M/Group is proud to announce the formal completion of the Geraldton Large Format Centre, marketing a significant milestone for the region’s retail landscape. With construction now finalised, we are thrilled to welcome anchor tenants Rebel Sport and Red Dot Home, both of which have officially opened their doors to the Geraldton community.
Beyond providing a premium shopping destination, the centre represents M/Group’s ongoing commitment to sustainable development. The project features a solar array and battery storage system, designed to significantly reduce the site’s carbon footprint and provide energy efficiencies to our tenants.
This integration of renewable energy technology ensures that the Geraldton Large Format Centre is not just a hub for commerce, but a benchmark for environmentally conscious commercial property in Western Australia.
Parry Street Fund delivers 15% per annum to Investors
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M Group
Parry Street Fund delivers 15% per annum to Investors
M/Group is thrilled to announce the successful conclusion of the Parry Street Fund, achieving outstanding results for our investors. Over a 24-month period, the fund delivered a remarkable 15% per annum return.
The success of the fund was driven by the completion and full sale of all 40 apartments and the accompanying commercial space within the Parry Street development.
This boutique project is strategically located in the heart of Fremantle Town Centre, the development is a standout addition to the area. Its premium design and functionality have contributed to revitalizing the local landscape, offering contemporary urban living and high-quality commercial opportunities.
Rebel Sports and Red Dot Home underpin Geraldton Large Format Centre
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M Group
Rebel Sports and Red Dot Home underpin Geraldton Large Format Centre
M/Group are pleased to announce that leading national retailers Rebel Sports and Red Dot Home have been secured as key tenants for our Geraldton Large Format Centre project.
Currently under construction, the project represents a significant achievement for investors in the associated fund with the asset fully leased upon completion.
Bella Build have already commenced site works, with the building set to be completed by mid-next year.
M Group
Match Powers Up on New Fremantle Site
Following the success of the iconic “Heirloom” heritage renewal of the Fremantle Woolstores, boutique developer, Match, has acquired the former Fremantle Electricity Substation located at Parry Street Fremantle.
The 2800 sq. m heritage site incorporates an existing heritage building, which will be refurbished and reactivated. The site will also accommodate the development of 40 designer boutique apartments in the rear of the property.
The site was acquired on the back of a Match development fund that oversubscribed prior to its closing date. It follows a series of oversubscribed funds released by Match over the last 12- months.
Match Managing Director, Mr. Lloyd Clark, said the significant investor interest in the company’s development funds and continual sales activity of boutique apartments, suggests demand for boutique product remains unaffected by the perceived oversupply of apartments in Perth.
“There is little doubt that apartment supply figures are skewed due to large-scale project proposals, many of which are backed by first-time developers looking to maximize land availability and density opportunities,” he said.
“Based on our market knowledge, many of these will struggle to achieve the required pre sales for banking finance and ultimately won’t proceed. In contrast, Match continues to meet the banking requirements with the development of truly unique boutique product that represents a limited opportunity to buyers. The Fremantle Electricity Substation is a great example of this and early indicators suggest that product such as this will continue to be in demand.”
A proposed mix of one-bedroom and two-bedroom apartments is included in the plans for the site, and many of the apartments will have a northern aspect overlooking a public reserve.
The anticipated price range for one-bedroom apartments are from $475,000, and Match is currently looking to secure a food and beverage operator for the substation building to complement the development.
“A central food and beverage operation is a great proposition for this kind of development, and is in keeping with the energy planned for this precinct by the City of Fremantle,” Mr. Clark continued.
“Both the power substation and woolstore buildings will be restored to the finest quality, and the combined impact of the two heritage properties located in close proximity, will bring a great deal of character into the gateway of Fremantle.”
The project’s scheduled launch into the market is in mid-2015, with construction late 2015.