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.
Developers Building on History
There was a period in Perth where development and redevelopment were so fast paced that many valuable heritage properties were left so decrepit that they would ultimately be sanctioned for demolition.
Developers were hesitant to touch historic fabric due to the risks and unforeseen costs compared to the low cost, high profit ‘cookie-cutter’ buildings that were materialising across the City.
Match was born in the thick of this era. We were young and passionate about saving Perth streetscapes from bland, investor-driven apartment buildings. We wanted to build a legacy of design-centric projects that would bring interest and diversity to the landscape.
Adopting heritage rejuvenations into our portfolio was a natural fit and relatively easy to acquire based on the lack of industry interest.
Match became a trailblazer for heritage renewal projects in Perth and our work in this area today extends to property designs that pay homage to the site’s former use or the significance of the location, such as M/24 by Match in Leederville, Metropolitan in Mount Lawley, Sublime in North Fremantle and Johnson & James in Guildford.
A brief overview of Match’s heritage projects:
HOME
Corner of Milligan & Murray Streets, PerthHOME still stands as one of Perth’s most impressive heritage renewals and a turning point that triggered many more heritage restoration projects throughout WA.
The 1927 warehouse building was introduced by the tobacco giant, W.D. & H.O. Wills and originally designed by local architects Oldham, Boas & Ednie-Brown; a firm reputed for over specifying to achieve design quality. It was constructed with reinforced concrete behind a beautiful facade, it is an excellent example of ‘Interwar Chicago-esque’ architecture featuring decorative mushroom columns unique to the era.
Match transformed this landmark site into 30 warehouse apartments, 37 adjoining terrace apartments and boutique commercial space, retaining some 95% of original heritage fabric, including a unique structural system that introduced the first mushroom headed slab on large diameter concrete columns constructed in Perth.
THE CLOCKTOWER
919 Beaufort Street, InglewoodThe Clocktower was originally built in 1936 in an architectural style known as ‘Inter-War Art Deco’. It was later used as the Civic Theatre Restaurant before being left largely unoccupied for many years.
The highly sensitive heritage rejuvenation project effectively transformed a local landmark into a boutique complex incorporating 28 apartments and four retail shops.
Specialist work was also required to locate a clock expert with the correct credentials to resurrect the signature clock, which was restarted in February 2008
MAYMONT
Corner of Whatley Crescent and Eighth Avenue, MaylandsMaymont represents a major milestone for Maylands on a site that had been left decrepit for some time. The vision was to create a heart for the area and drive the inner-city culture to the area’s main strip, with architecture reminiscent of its hey-day in the 1920s. While much of the building’s structure could not be preserved due to many years of neglect, Match restored the heritage façades and introduced 42 apartments and 16 commercial spaces. The restoration program would be the start of the beautification process for Maylands, creating what is a today a hub of cafes, restaurants and bars.
HEIRLOOM
36 Queen Victoria Street, FremantleUnquestionably one of Perth’s most significant heritage renewal projects in modern times, Heirloom is the award-winning heritage restoration of Fremantle’s iconic old Dalgety Woolstores, which sat largely unused for some 20 years.
The prominent structure located on Fremantle Harbour created a high-profile gateway to the City along Queen Victoria Street. It holds an important place in the City’s history and is most famous for its saw-tooth roof, classic red brickwork and 100-year old Jarrah beams.
The $130 million redevelopment leveraged the existing structure to create 183 spacious one and two-bedroom warehouse apartments, retaining over 85% of the original heritage fabric.
What were the key factors that drew you to these properties?
As a boutique apartment developer, Match works on the premise that the long-term investment value of a property is determined by its uniqueness and limited supply.
The simple fact is that you cannot manufacture heritage fabric and people will pay a premium for being able to acquire something distinctive and irreplaceable.
Location is, of course, always a factor, and when combined with a depth of character and history, we strongly believe these projects are worth the investment.
There was some time that developers wouldn’t go near heritage buildings because of all of the conditions surrounding it – what changed and did this influence your appetite for heritage?
In a development era that could be easily defined by its lack of sensitivity to good design and the legacy this would have on Perth’s streetscapes, there was certainly a case for ‘testing the water’.
It was new territory for most developers and, as a young company on a mission to disrupt the status quo, we took on highly ambitious heritage projects and were able to demonstrate both demand and return on investment.
Our success was supported by global shifts towards apartment living and a number of high-profile warehouse renewals around the world. Buyers were starting to view apartments as a lifestyle choice and developers needed to meet this market with unique and appealing propositions.
As a developer, what are the benefits and what are the challenges of developing heritage properties?
It is truly humbling and often breathtaking to see heritage fabric restored and repurposed for 21st century use.
The architectural values and depth of character inherent in these properties are timeless and, quite frankly, magnificent. Many discoveries can be made throughout the construction process that can add to the building’s story, such as an original wool-bale hoist and a railway track uncovered in the basement of Heirloom.
However, any adaptation of a retained building needs to satisfy current codes, modern facilities and environmental standards. This sometimes presents challenges for our architects to accommodate such requirements without compromising the usability, functionality, originality or attractiveness of the property.
At the Home building, our architects needed to work around enormous mushroom headed columns, and Heirloom, where services were ultimately hidden in a false flooring structure so that the Jarrah roofing and original beams could be exposed.
Are heritage projects more attractive for buyers?
Our experience is that the market is attracted to high quality, unique and boutique product which is much more enduring than that of high density, standardised developments.
Well executed heritage renewals elicit an emotional response and sense of connection that is so important in property sales. We find that people are really excited about owning an apartment that has heritage features that cannot be duplicated.
This was evidenced in the early release of Heirloom ‘off-the-plan’ apartments, which exceeded rigorous sales targets with over 70% of apartments selling prior to the commencement of construction.
There will always be a market that values heritage product over anything else.