M Group
Quest Apartment Hotel – Ascot – May 2019 Timelapse Video
Commencement of Ascot is finally underway.
In our latest construction update, 500m3 of “grey gold” cement has been poured within one day. This raft slab pour forms the building envelope and is an extremely solid foundation for the eight-storey serviced apartments that will be built.
Construction Commences on M/Group’s Second Quest
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M Group
Construction Commences on M/Group’s Second Quest
Construction on a 56 room (112 key) Quest Apartment hotel in Ascot has commenced following the successful completion of a $11.5 million development fund by M/Group and subsequent settlement of the 2,211sq.m development site. It is the second property undertaken by M/Group for the apartment hotel giant, with the first in Joondalup currently nearing completion.
The Quest Apartment Hotel in Ascot is located at 266 Great Eastern Highway, near Perth Airport and enroute to the Perth CBD. Its strategic location is in close proximity to Ascot racecourse, Optus Stadium, Crown Casino, Perth CBD and Perth airport, and is serviced by a road network that will see some 63,000 vehicles pass the site each day.
The property is being constructed by M/Group’s building division, M/Construction, which is currently engaged on a number of multi-residential and commercial projects across Perth, including Quest Joondalup.
M/Group Managing Director, Mr Lloyd Clark, said M/Group’s recent success and track record in fully subscribing property funds suggests a thirst in the market for secure investments.
“It’s difficult to dispute the investment potential and returns of a project that has a long- term lease agreement with a multi-national operation, as well as an independent valuation uplift created through the development delivery process,” he said.
“Quest Ascot is one of several property funds M/Group has successfully subscribed, largely due to a group of investors that now follow our projects based on our capacity to deliver.”
Quest is Australia’s largest apartment hotel operator by number of properties and is the second largest by the number of rooms. The Ascott Limited (wholly owned by Singapore’s CapitaLand) owns 80% of Quest . It has over 43,000 operating serviced residence units in key cities around the world with a further 31,000 units under development. Ascott is the largest serviced residence provider in Australiasia and is targeting to double its global portfolio to 160,000 units over five years.
The Quest Ascot development project was negotiated by M/Group in an off-market arrangement.
“We are delighted by our growing investment portfolio and the success it has had in recent months. Some of our investment offers have out-performed expectation, which both demonstrates a solid model and market interest for income-generating funds,” Mr Clark continued.
“We are currently working on a number of new opportunities to meet investor demand.”
M/Group is an integrated property organisation that has over $185 million of Investor funds under management with a projected asset value of approximately $1 billion. The company recently expanded its portfolio to the eastern states to add to its string of regional shopping centres with one centre recording an independent valuation uplift of $10.5million in under a year.
For more information or an investment prospectus contact info@mgroup.com.au or (08) 6380 0400.
Sizing up the future of your land choice
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M Group
Sizing up the future of your land choice
In the search for a perfect place to build your first home, land size is of course an important factor. However, in isolation, the size of a homesite will not necessarily determine its value in the short or long-term future. Luckily for first home buyers, there are a range of options in the current marketplace that will deliver both land size and investment prospects.
While location and budget are major contributors when it comes to the land purchase decision-making process, few often appreciate the importance of finding an environment that will not merely fulfil the owner’s lifestyle goals, but also increase the value potential of the property for future sae or rental.
Ironically, your dream location might be the best investment you’ll ever make.
By ensuring the home environment appeals to your own personal desires, with features that help it ‘stand out’ in a competitive marketplace, you’re actually giving yourself more flexibility for when life changes might occur in the longer term.
Monument is a boutique land development company that currently has three land options available – each at various stages of development and all with something particularly unique on offer.
Hamelin Park, Secret Harbour
A home by the beach
What Monument does particularly well is introduce land estates in existing communities. When Hamelin Park was introduced in the established suburb of Secret Harbour, the estate was fast-tracked to meet demand for the land.
Today, Hamelin Park is some 80% sold out and literally surrounded by community infrastructure. As stage three comes on the market, savvy buyers will be able to pick up some ‘ready to build’ titled lots from just $179,000 for 331m2 to $200,000 for 531m2 only 3 minutes to the beach.
Atop, Beeliar
A home with a spectacular view
Located in the established suburb of Beeliar, Atop takes cues from the environment to create an elevated and interesting landscape for your home, adorned with natural materials, walking paths and majestic Tuart Trees.
Atop offers stunning ocean views and has recently completed its first stage of development, which is already 30% sold out in just 2 months. Monument is currently offering titled lots from 410sq.m to 494sq.m priced from $259,000.
The Wedge, Wellard North
Exclusive release of land
The Wedge is an exclusive pocket of land located in one of Perth’s most well-located and well-serviced areas. Although it is only in its early stages of development with the release of an initial 17lots, the homesites are larger than the market norm, and are located within private estate full of lifestyle features and adjacent to a nature reserve. Construction works are underway and Stage 1 titles will be available mid-2019.
Monument prides itself on its capacity to deliver a well-considered development design that introduce something unique and special into the marketplace. What that means to first home buyers is an enhanced future resale or rental prospect that also ticks any personal lifestyle goal you might have.
Working in close partnership with Western Australia’s leading first home buyer project builders also means you can get access to home packages tailored to your specific needs.
To register your interest for any of the above opportunities, visit www.landbymonument.com.au or call Damyn Strang 0434 070 654.
Quest Apartment Hotel – Joondalup – April 2019 Timelapse Video
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M Group
Quest Apartment Hotel – Joondalup – April 2019 Timelapse Video
In our latest video update for Quest Apartments in Joondalup, M/Construction has completed 5 levels, with a new level being constructed every fortnight. Also shown is balconies being constructed via scaffold towers.
Not noticeable in the video is level 1 and 2 internals being completed with painting, tiling and cabinets being installed.
Saving for your dream home
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M Group
Saving for your dream home
Without question, making sure you dive into the current market before prices begin to rise should be a top priority for first home buyers, but it’s also about finding a personal lifestyle fit.
Looking for a location with well-established community infrastructure is often more important than the size of land itself. Smaller more boutique developments can sometimes see greater price growth into the future than much larger projects on the outer regions, even when they may initially appear more price competitive, make sure you do your homework on the area.
It is also important to understand how much you can borrow and your budget. Working closely with a mortgage broker can quickly provide you these answers and the right loan for you to get into your dream home easily.
Artwork to give urban value to Mount Lawley Apartments
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M Group
Artwork to give urban value to Mount Lawley Apartments
A mural created by renowned artist, Kyle Hughes-Odgers, on the wall of the newly complete M/25 Apartments by Match could mean more to property owners than a recognisable addition to the Mount Lawley streetscape.
The large-scale contemporary street-based work located on the corner of Walcott and Burt Streets Mount Lawley, may inherently turn the boutique urban residence into a signature icon, and potentially result in greater market interest and higher returns on investment.
Mr Lloyd Clark, Managing Director of Match parent company, M/Group, believes stunning artwork helps a property to stand out and could add significant value once entrenched into the community psyche.
“Many people are drawn to signature properties; residences that are unique and cannot be duplicated in any way. Architecture and artwork are two of the primary factors that can achieve impact on the streetscape and, therefore, recognition,” he said.
“Add to this a prominent location that instils the building into the community fabric, and you get a limited supply of unique apartments that many would be proud to call their own. That’s what has been created at M/25 by Match.”
The concept for the M/25 by Match artwork is based around the core idea of ‘exploration’, shown through the use of narrative based, pattern and abstract imagery.
The artwork aims to reflect the vibrancy of Mount Lawley with strong links to young contemporary art and culture, and bringing in ideas of identity, community, journey and growth contributing and adding to a strong sense of place within the site location.
Artist Kyle Hughes-Odgers said he wants the viewer to interpret their own experience from the ideas into the final work.
“I don’t paint literal outcomes, but I do base the work on a specific concept. I prefer to only tell the viewer about the concept if they ask and find artwork to be much more engaging if it has room for the viewer to connect or be challenged by the final piece,” he said.
“I think public art is important in all cities as it adds creativity and humanity to the built environment.”
Mr Clark said that M/25 by Match had already sold 50% of its apartments prior to completion and suggests the property and artwork installation will attract a lot more interest now that the doors are open and apartments are ‘move in ready’.
“Match has earned its stripes in producing well-considered, design-centric boutique apartments in places people want to live,” he continued.
“It is a passion that commenced in Mount Lawley over a decade ago and it is so great to be back here delivering another great product.”
The artwork concept on the building is split across two major sections: Location One and Location Two. Location one is a 2D based mural that centres around two heavily patterned figures. The figures interact across a narrative which aims to evoke ideas of connection, growth of the area and the exploration of urban life.
Location Two is a 3D based artwork, manufactured and installed as a large-scale perforated screen. Its grid-like geometric patterns climb to 75% of the height of the building. It relates to location one and represents structure, mapping, the built environment and modern city life., merging into an area representing growth and nature.
M/25 by Match includes spacious apartment layouts available in one-bedroom x one-bathroom and two-bedroom x two bathroom, each with balcony or courtyard and one or two car bays.
For more information visit www.m25apartments.com or contact 0432 660 066.
M Group
A New Coastal Community Takes Form at Port Coogee
With 50% of apartments sold prior to completion, boutique property company Match has opened its doors to Form by Match at Port Coogee with a top floor Display Apartment designed to help residents experience their potential new space.
Form by Match is a 50-apartment marina-side complex that has been mooted by some as one of the area’s most anticipated boutique apartment designs. It is the incarnation of one of Western Australia’s most reputed Architects, Geoff Warn of Donaldson & Warn, who worked in collaboration with Match to push the boundaries of apartment living in Perth.
Located just 50metres from Port Coogee Marina and adjacent to parkland, the property greets you with a striking façade that draws you inside, where you will find every apartment designed to make the most of the surrounds, including the majority being north facing with sweeping ocean views.
Match Director, Mr Dean Burrowes, said the property is a design statement and impressive on every level and he is thrilled that the project is now complete for people to experience the difference.
“We wanted to make a statement with Form by Match and move as far away as possible from the traditional apartment block,” he said.
“We encouraged Geoff Warn to look outside the square and create an environment that pushes the boundaries of balancing space, light and features. The result is outstanding and really needs to be explored to be fully appreciated.”
While the building exterior is bold, inside restraint is shown with clean, white and timeless interiors. It has been a conscious design decision to create a blank canvas for buyers to individualise with furniture and artwork.
“The building is based on a block formation that uses different materials to give the total development a definite sense of scale. The building’s exterior aims to speaks directly to an increasing demand for signature residences, as opposed to ‘cookie-cutter’ environments,” Mr Burrowes continued.
“Most apartments within the complex are north facing and many offer amazing ocean views. Features such as high ceilings and floor to ceiling glazing are incorporated to maximise the outlook and benefits of orientation. This also includes sheltered balconies with shade screens to make the most of the sea breeze in summer as well as create a sunroom sanctuary in winter.”
The property opens to an emerging community within the Port Coogee Marina Estate, with amenities such as a new Woolworths and Dome café at the doorstep, and Fremantle less than 10 minutes away.
For more information visit www.formbymatch.com.au or call 0432 660 066