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.
How to Improve the Occupancy and Profitability of an Investment Property
While REIWA reported its September Quarter vacancy rate at an encouraging 2.9%, the stats drawn from apartment property management specialists, M/Property, were even lower at 1.97%. As experts in this sector, they believe there is always scope to improve the occupancy and profitability of an investment property.
M/Property is one of the only specialist apartment management and leasing companies in the State. With a dedicated leasing team and over 18 years’ experience in apartment management, the company manages over 600 apartments at any one time.
M/Property Senior Property Manager, Tammy Smith, says that even though the vacancy rate is low in WA, Perth apartment investors can still miss out on valuable and quality tenancies simply by not understanding what is important to the renter.
“We are experiencing a market shift in Western Australia towards long-term renting as a lifestyle choice. This represents an incredible opportunity for property investors,” she said.
“Unlike conventional homes where size and space are often the important factor, when it comes to apartments, location, presentation and flexibility are paramount to both the existing and emerging apartment rental market.”
Tammy says apartments close to community infrastructure, those with access to great facilities and ones outlooks tend to get snapped up, there are a range of other factors that a property investor can control to attract and retain great tenants.
- Sell the dream with professional photography
Rental properties traditionally don’t get the same promotional treatment as homes available for sale. However, in a competitive market, owners will get more interest and potentially higher rentals if they ‘sell the dream’ with professional photography during the marketing phase.
- Add value with furniture
While not for everyone, adding a furniture package to the mix can significantly increase the rental return. A well-furnished apartment can rent out for 25%-75% more than unfurnished apartments. The cost of furniture is also often tax deductable.
- Be flexible with pets
Pet-friendly apartments are increasing in demand as more renters opt for making their apartment a long-term home. In fact, many States across Australia are changing legislation to make it easier for pet ownership in rental properties. Why not get ahead of the game to lock good tenants in early.
- Engage an approachable team
There is nothing more off-putting to a renter than being made to feel like a second-rate citizen. Ensure your property management team are approachable and responsive to not only the renters’ concerns, but also yours.
Tammy says a property management team with a sound knowledge of strata management is also imperative for apartment investors, together with a good relationship with building/facility managers and a solid database of good tenants to source the best tenant for the apartment.
For more information on M/Property services visit www.mproperty.com.au.