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.
M/Group Launches Investment on South Western Highway
Read moreM/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
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.
Scale Developer-Builders still rare in Perth
Building quality has been under the microscope for some time, so why aren’t more developers taking steps to reduce their construction risk via an in-house building team?
It may appear counter-intuitive, but the number of genuine developer-builder companies operating in Perth can be counted on one hand, particularly when it comes to larger-scale developments.
Despite the significant benefits of a developer having an in-house builder, including increased quality-control and reduced risk, few construction or development organisations have been successful in making the developer-builder model work.
Mr Michael Read, Director of M/Construction (part of M/Group), one of only a couple of successful larger-scale developer-builder firms in Perth, said the model is generally considered best practice, but it can prove difficult to create a good partnership.
“Achieving the right fit in terms of staff or partnership can prove difficult in an environment where the cultures tend to be quite different. In Perth, our main players are fairly established and there needs to be a lot of trust between both parties for the model to work effectively,” he said.
“While there is unquestionably merit in having a good appreciation of the development process as well as maintaining complete control of the entire building program and its outcomes, the concept has not been fully embraced by the sector and most developers continue to outsource to third-party builders.”
Unlike most construction-based firms, M/Construction evolved within its parent company, M/Group. The company was initially introduced to improve the building quality and maintenance of M/Group’s apartment and commercial projects, but quickly earned industry credibility to work independently of the group.
M/Construction uses its value-add service model to attract new building contracts and build on its capabilities in the building and maintenance sectors. The company recently took home three awards at the Master Builders Western Australian Awards for Excellence, including Best Multi-Unit Development between $10-$20million for Form Apartments by Match; an award the company has won two-years running.
Although most builders today offer a form of design-construct service, a developer-builder can operate both as a single service or independently, and both disciplines’ credentials are of equal calibre.
“Construction is without question a distinct skillset that requires a lot of experience. This is why some 90% of developer-builder companies derive from building firms initially rather than developers. However, the development expertise should not be overshadowed in the mix,” Mr Read continued.
“Certainly, within our organisation, being involved across the entire design and construction process creates a sense of pride in our staff. It is a different experience than working purely for a construction firm. We get to take ownership of the project from concept to completion.”
Michael Read joined M/Group as a highly qualified and experienced Registered Builder with some 20-years under his belt in top-tier organisations. Rather than a company merger, the M/Construction team was built from within the organisation which helped to circumvent any potential staffing or cultural issues.
Of Western Australia’s top twenty builders, very few are considered to be true developer-builder.
Find out more at www.mconstruction.com.au