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
Read moreAmara 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
Read moreSouth 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
Read moreGeraldton 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
Read moreParry 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
Read moreRebel 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 Acquires Albany Brooks Garden Shopping Centre
The acquisition follows a successful renegotiation with key anchor tenant Woolworths to extend a current lease agreement from two to 12 years.
M/Group Managing Director, Mr Lloyd Clark, says the Woolworths lease was significant to the acquisition and adds weight to an already strong investment proposition.
“M/Group has been actively seeking suitable properties to meet an investment criteria that is particularly pertinent to current market conditions. Albany Brooks Garden Shopping Centre stood out as a highly secure income producing investment that targets investor earnings of 10% pa plus strong future capital potential,” he said.
“Woolworths’ extended lease agreement unlocked an immediate boost to the property’s capital. The site also has redevelopment potential with over 2.7 hectares of retail zoned land remaining for future development. It is not difficult to see why our investors were motivated by the opportunity.”
M/Group initially entered the asset funds market in 2013 with the acquisition of the strategically located Officeworks building in Bunbury. This asset also incorporated a blue-chip tenant, long lease and high forecast returns. The fund was fully subscribed within just weeks of its release.
The Albany Brooks Garden Shopping Centre is identified as a neighbourhood shopping centre located on the corner of Chester Pass and Catalina Roads, Albany. It is anchored with national brands that include Woolworths, BWS, Katies, Brumby’s and Chemart, which occupy 80% of the centre by income.
Mr Clark said the level of interest in the recent property syndicate was not unexpected and the company already has similar opportunities on its radar.
“The rate at which income producing property funds over-subscribe is a clear indication that demand continues to be high for these kinds of investments, particularly for investors seeking a low-risk investment class,” he continued.
“To support this activity, last year M/Group appointed property acquisition specialist James Collis as director of income funds. James has been working on a number of similar opportunities and M/Group is already accepting expressions of interest for upcoming investments.”
M/Group’s investment model utilises its retail funds management license to make new opportunities available to a broader market that may not traditionally have access to this investment class.
M/Group targets tenanted assets Australia-wide with a value proposition of around $10million to $50million. The company is currently negotiating the acquisition of some $60illion worth of income producing assets with the release of a new fund currently in the pipeline.
For more information contact James Collis at james.collis@mgroup.com.au or visit www.mgroup.com.au/investments.