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.
New Collaboration Supercharges the ‘Cheaper to Buy than Rent’ Model for Families
A new collaboration between family-friendly estate The Wedge in Wellard by Monument and affordable first homebuyer specialist HomeStart has put weight behind the ‘cheaper to buy’ offering by creating new 3-bedroom x 2-bathroom house and land packages priced from just $325k*.
A range of beautifully designed homes on specially sized lots within the established area of Wellard is estimated to cost owners around $263 per week, compared to Wellard’s median three-bedroom house rental average of $390 per week recorded in June 2021.
Mr John Wroth, Director of Monument parent company M/Group, believes the packages have hit a new record for affordability in Perth and will mean that homeowners do not have to compromise on quality.
“Perth’s rental vacancy rate is disturbingly low and unlikely to improve for some time, even if you do find a decent rental, you are going to be paying premium prices for it. The opportunity we are putting on the table for families and first home buyers is one that will give them the security of owning their own home as well as the benefit of living in a place that offers great amenity,” he said.
“I believe these prices are groundbreaking and will be a welcoming option to those struggling to get a foot on the property ladder before rents and house prices rise further and while interest rates remain low.”
The Wedge is a boutique estate located just 35-minutes from Perth, around the corner from shops and transport, and in between the ocean and freeway.
It is surrounded by stunning natural bushland with a new childcare centre under construction, a completed park and playground, plus a Primary and Secondary school next door. Some 50% of lots within the estate have sold out and a family community is emerging.
The homesites earmarked for the house and land packages are well-located within the estate and sized to accommodate the spacious homes with open plan family area and integrated alfresco.
“Demand has definitely increased for customised house and land packages on specialty-sized lots, and many are surprised at just how much they can actually receive thanks to our designs. Moving into a brand-new home is a fantastic way to take a first step into the property market and being so centrally located is a bonus,” HomeStart’s Brendan Fowler said.
The home designs are single story with 6-star energy rating for continued cost benefits. The homes feature open-plan living, a main bedroom with ensuite and walk-in-robe, fully enclosed double garage with rear access, paving to driveway and alfresco, and a Lifetime Structural Warranty.
“We have worked really hard to develop affordable homes in this fast-paced or inflated market and remain one of the only developers providing this level of value,” Mr Wroth continued.
“Of course, the opportunity is limited so we encourage anyone who has had their fair share of knock-backs from the rental market to take this option into consideration. It’s a wonderful way to leave the rental cycle and we would love to welcome you into our community where home is made simple.”
To find more about The Wedge at Wellard visit www.thewedgewellard.com.au or call Damyn Strang on 0434 070 654 and for more information on the HomeStart House & Land packages call 9231 4567 or email info@homestart.com.au