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.
M/Group Launches Investment on South Western Highway
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M Group
M/Group Launches Investment on South Western Highway
M/Group is excited to present the South Western Highway Commercial Property Fund – a strategic new opportunity delivering long-term value for our investors.
Located just 28km south-east of Perth’s CBD in Armadale, this 8,237m² industrial-zoned site is set to be transformed into a high-exposure commercial hub, featuring a purpose-built fuel station, bakery, car wash, and automotive facilities.
With lease pre-commitments to national tenants secured for the project and an expected IRR of 11.5% over a 6-year term, the fund offers a compelling investment case.
Positioned on one of Perth’s busiest routes, South Western Highway sees over 20,000 vehicles daily, and benefits from the area’s forecast population growth to 138,000 by 2036.
This is a rare opportunity to invest in a high-traffic, strategically located development backed by strong national tenants and long-term growth potential.
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.
M Group
History Begets History as Landmark Renewal Gives Heirloom to Fremantle
Fremantle has a new Heirloom, following the completion of a monumental heritage rejuvenation project that was undertaken by boutique property company Match, together with joint-venture capital partner Sirona Capital, to transform the iconic and heritage significant Dalgety Wool Stores along Queen Victoria Street into Western Australia’s largest residential heritage renewal of its kind.
The opportunity to develop the 94-year old, three-storey structure into New York-style industrial warehouse apartments was identified by Match in 2007, following a string of successful and celebrated heritage renewal projects introduced by the company, including Home in Perth, Maymont in Maylands and The Clocktower in Inglewood.
Mr Lloyd Clark, Managing Director of Match parent company M/Group, said the “Heirloom” project was incredibly challenging but was just too important to Perth not to pursue.
“Match entered the Perth market in a period where apartment living was only starting to be recognised as a genuine lifestyle choice and people were only beginning to seek out signature residences as opposed to large-scale ‘cookie-cutter’ environments,” he said.
“The company’s propensity to take brave steps in development worked hand in hand with its mission to save Perth streetscapes from excessive repetitive structures. We grew a fascination for identifying and salvaging what we considered to be some of the City’s most treasured heritage buildings. We knew the risks involved in tackling these projects, but saw it as an opportunity and didn’t want to see amazing architecture be left derelict and eventually deteriorate, as is often the case. The Dalgety Wool Stores definitely fell into this category and its completion is without question our biggest achievement in the company’s 15 years history.”
The heritage listed Dalgety Wool Stores was originally designed in 1922 and constructed in 1923. The building received a single storey extension along Beach Street in 1942, with a three-storey structure and extension to raise the entire floor level in 1944. This included the infamous saw tooth roof structure, which has been restored in the heritage renewal process. The building was subject to some additional works leading up to the completion of the main structure and sunroof in 1950-52.
To support Match’s $68million refurbishment, Sirona Capital was invited to join the endeavor as joint-venture capital partner in 2014 and the project emerged as a key development in the City of Fremantle’s $1billion investment plan that would open activity onto Beach Street and extend the City’s life-centre along its gateway.
Sirona Capital’s managing director Matthew McNeilly said the partnership with Match had delivered an outstanding residential development that was both unique to Fremantle and in keeping with the city’s character and history.
The Heirloom renewal retains much of the building’s original historic features, such as the century-old jarrah beams, brickwork and the infamous saw tooth roof structure. An original wool press has been restored and is displayed as an instalment, and homage is payed to the building’s importance to the wool trade in murals and artworks throughout.
The new apartments vary in size and configuration with a starting price of $495,000. The residential complex is already 80% sold out with sales expected to escalate now that people can see the end product.
“Heritage fabric is invaluable and sales have reflected the fact that these apartments cannot be replicated. This translates into specialised boutique product that can often withstand varying market conditions because demand is isolated,” Mr Clark said.
“Heirloom has been a mammoth undertaking and we consider it a highly successful restoration of a magnificent building that frankly deserves a new life.”
The Heirloom renewal is designed by project Architect, Dominic Snellgrove from Cameron Chisholm Nicol, who is a recognised Australian leader in integrated architectural and recipient of Australia’s most prestigious architectural award, the AIA Sir Zelman Cowen Award for Public Architecture. It was constructed by top tier-tier construction company, Built, which has worked on some of the country’s most high profile heritage projects, including the Old Treasury Buildings (WA), QT Sydney (NSW), Queen Victoria Building refurbishment (NSW), Art Gallery of NSW (NSW), and the Melbourne GPO and H&M flagship store (Vic).
Heirloom will be officially opened in the coming weeks with residents expected to move in in early January 2017.