Another famous Fremantle heritage property is to be reborn with the release of 40 boutique apartments surrounding the original Fremantle Power Station building at the former Fremantle electricity substation in Parry Street.

M/27 is a concept development by boutique property company Match, that includes a mix of one, two and three bedroom apartments located at the rear of a large 2,800sq.m historic site.

The apartments are strategically positioned to create an intimate setting for residents, and designed as a complementary backdrop to the renewed heritage centerpiece, which will be transformed into a trendy ‘Bread & Common’ style food and beverage venue, and accessible from the apartments via a private cobble landscaped laneway.

Managing Director M/Group, Match’s parent company, Mr Lloyd Clark, believes the development screams lifestyle and investment.

“This is a beautiful location set amongst an intensely character-filled environment. It includes north facing apartments with views over a large reserve, and others overlooking the heritage fabric and Fremantle vista,” he said.

“The Fremantle electricity substation is one of the City’s most significant heritage properties and it is made even more attractive to residents with the prospect of a popular food and beverage venue at their doorstep. This concept development will introduce a touch of Melbourne urbane to a heritage inspired setting and is likely to appeal to owner-occupiers and investors alike.”

The boutique, heritage and unique nature of the M/27 apartments represent a limited supply and good capital growth potential, in contrast to large-scale ‘cookie-cutter’ apartment projects. It was designed by the award winning Cameron Chisholm Nichol (CCN) Architects, who are also behind Match’s neighbouring Heirloom development of the Dalgety Woolstores.

“The City of Fremantle has earmarked this area as a key pathway for expanding the City’s character and energy into its eastern gateway. It will create an living environment unlike any other in the area and emerge as an important part of the central Fremantle hub,” Mr Clark continued.

M/27 is priced from $450,000 for one-bedroom apartments and $550,000 for two-bedroom apartments.

For more information contact visit www.itsamatch.com.au or contact Chris on 0432 660 066.

Western Australia Property Company, M/Group is playing a new hand to secure syndicate investors, following a number of consecutive oversubscribed property funds released over the last two years.

The Darling Ridge Shopping Centre is an established income producing entity, with national brands such as IGA, Caltex, Liquorland, Subway, Dominos and Brumby.

With an estimated investor return of some 8% in the first year and minimum investment of just $20,000, this low risk, low entry proposition is packaged to appeal to the Self Managed Super Fund (SMSF) and mum and dad investors.

M/Group Managing Director, Mr Lloyd Clark, says security is paramount to this market and sourcing high yield product has been an increasing focus for the organisation.

“We are at a stage of the property cycle where investors err on the side of caution and are looking for opportunities with a sound track record and healthy returns,” he said.

“While M/Group has had notable success with the release of its apartment development funds, we recognise a market shift is imminent and likely to continue with increased interest in income producing investments.”

M/Group initially entered the asset funds market in 2013 with the acquisition of the strategically located Officeworks building in Western Australia’s south west city of Bunbury. The asset incorporated a blue-chip tenant, long lease and high forecast returns. The fund was fully subscribed within just weeks of its release, which spurred the appointment of James Collis as Director of the group’s asset fund company.

“The Darling Ridge Shopping Centre represents the first of several income producing opportunities we have been working on, where the company’s propensity for great design and strategic development locations is replaced by solid tenancies and measurable returns,” Mr Collis said.

“This is an excellent proposition for the SMSF. It also enables M/Group to work with investors across a number of opportunities.”

The Darling Ridge Shopping Centre is located at 309 Morrison Road Swan View in Western Australia. The Fund will own a single property and is not diversified by investment class, geographic location or exposure to different property sectors.

It incorporates a fully leased neighbourhood shopping centre with long-term, blue chip tenants occupying 76% of the property.

“We have set the low minimum investment of $20,000 to attract smaller investors and support portfolio diversification. It has been designed for today’s market conditions and I do believe the appeal will be significant.”

Settlement date for the property is scheduled for 21 September 2016, with fund distributions monthly.

For more information visit www.mgroup.com.au/investments/darlingridge or email incomefunds@mgroup.com.au.

Boutique property company, Match, is breathing new life into some of Fremantle’s most beautiful and significant heritage buildings, while helping to expand the character and activity within the City’s eastern gateway.

The heritage rejuvenation of the Dalgety Woolstores, Heirloom, and former Fremantle Substation, M/27, are central to a new heritage precinct planned for the area.

While Heirloom towers along Queen Victoria Street to create a grand entrance to the City, Parry Street is a boutique ‘village’ environment that incorporates heritage sympathetic apartments surrounding a central ‘Bread in Common’ style food and beverage facility located within the original PowerStation building.

Mr Lloyd Clark from M/Group, parent company of Match, believes both projects are extremely important to the fabric of Fremantle.

“The City of Fremantle recognises the importance of nurturing Fremantle’s unique character, and ensuring its heritage properties are protected is a big part of this,” he said.

“The City has some $1billion of planned investment in the pipeline and, as a company that made its mark in WA from successful heritage renewals, we are really excited to be part of the changing Fremantle landscape.”

Both Heirloom and M/27 are designed by project Architect Dominic Snellgrove from Cameron Chisholm Nicol (CCN), who is a recognised Australian leader in integrated architecture.

Heirloom comprises of one and two bedroom New York-style warehouse apartments; all developed using original roof space and strategically designed dividing walls, with high ceilings and exposed century old wooden beams.

M/27 includes one, two and three bedroom apartments within a private landscaped setting with views over the Fremantle skyline or north facing over recreational space.

“Heritage fabric cannot be recreated or duplicated. This means that our apartments represent a limited supply and, as such, offer inherent value that is likely to stand the test of time in contrast to other ‘cookie-cutter’ environments,” he said.

“The market appeal for these apartments is evident in our Heirloom renewal, which is now 80% sold out, together with a number of successful heritage projects Match has been involved with over 15 years in the sector. Fremantle is a special place and we are confident these projects will emerge as City icons.”

One-bedroom apartments in Heirloom start from $495,000, with two-bedroom loft apartments priced from $695,000, while one-bedroom apartments in M/27 start at $450,000.

For more information visit www.heirloombymatch.com.au or contact Chris on 0432 660 066.

All quotes can be attributed to: 

LLOYD CLARK, MANAGING DIRECTOR

OF M/GROUP (Parent company of Match) 

THE FOUNDATIONS…

The foundations of M/Group were established in 2001 on a mission to improve Perth streetscapes, which at the time were in grave danger of becoming dull and lifeless through extremely conservative developments.

The urban environment was effectively being swallowed by ‘cookie-cutter’ apartment designs, and the market was not being given any choice.

Match, M/Group’s apartment development company, was the inspiration of directors Lloyd Clark and Cameron Barr, who shared a genuine passion for Perth’s streetscapes and urban living. They knew their products would not suite everyone, but the appeal for others would be enormous.

By following the global trend towards apartment living, and determined to change the way the City approached the inner city environment, the company cut its teeth in suburbs such as Inglewood and Mount Lawley and developed a knack for identifying and securing strategically located sites with enormous design and lifestyle potential.

They took on projects, such as heritage sensitive developments, that larger companies would see as too complex.  Nobody seemed to be doing this in Perth at the time, and they really believed in the approach.

CREATING A FOLLOWING…

The company’s bold approach to development and strong design focus quickly attracted a following of both investors and buyers starved of unique product.

The company was committed to delivering boutique product that carries inherent value. Such product cannot be replicated and will always create market demand due to the limited supply and key locations.

Landmark projects, such as the reputed heritage renewal Home, set the bar for both design and heritage renewals in the City, and Match’s apartment developments began to sell out prior to official market release.

M/Group continues to push boundaries with daring designs, such as M24 in Leederville and the heritage renewal and repurpose of Fremantle’s Dalgety Woolstores, Heirloom.

As market demand for apartment living increases, the company remains true to its design focus while taking cues from the surrounding environment.

THE MARKET APPEAL FOR APARTMENT LIVING

M/Group believes that apartment living is entirely about lifestyle and that apartments represent low maintenance environments often located at the doorstep of great cafes, bars, parks, beaches and restaurants. They provide security and generally offer some of the best views in the area – outlooks that are typically out of reach to conventional homes.

Some of the world’s most famous cities, such as New York, Barcelona and Paris, are renowned for an energy that can only be created through density and constant activity. They believe that ‘life creates life’, which is already evident in some of Perth’s inner city environments, such as Mount Lawley and Fremantle.

In recent years, Perth has embraced apartment living, which has paved the way for a good selection of boutique designs that consider the lifestyle of the end user and integrate this into the design outcome.

While M/Group believes there is still a potential oversupply of ‘cookie-cutter’ projects, the company have played a significant role in demonstrating that demand for unique, boutique apartments remains strong, and has effectively contributed to a improving Perth’s streetscape and creating a legacy for the City.

FILLING IN THE GAPS…

As the company evolved and grew in terms of scale and success, the directors identified gaps in the development process leading to a project’s delivery.

A vertically integrated business model was adopted to fill those gaps and de-risk investments by retaining control of every aspect of the development process, from design, development, building and delivery.

Construction firm, M/Construction, was introduced in 2010, together with real estate and property management company, M/Property, and finance broking company, M/Finance.

By replacing all outsourcing with skilled and handpicked key people, the company has been able to maintain a high level of quality control and value-add throughout the whole process.

In 2015, M/Group introduced M/Land, with a view of applying the company’s boutique development ethos into the land subdivision space. This was followed earlier this year, by the launch of an income fund division, M/Assets, with a focus on building a portfolio of high yielding properties.

M/Group is today a diversified property company that also includes the in-house provision for income fund management, incorporating corporate governance, compliance, strategic direction and capital raising for its group of companies.

As a company, M/Group has grown consistently and organically over 15 years from a clear vision and passion for good design. It is anchored by a sound foundation to accommodate future expansion into the next decade.

For more information visit www.mgroup.com.au

M/24 stands as Leederville’s most courageous architecture, and is set to alter the character and energy of Carr Street with a nod to the site’s ‘soft drink producer’ history. The apartment complex is currently under construction with over 70% of apartments sold.

M/24 comprises 39 one and two bedroom apartment with 500sq.m of shop space on the ground level. It is designed by Melbourne Architect ARM in collaboration with Perth’s reputed boutique developer Match, and is inspired by the site’s former occupant, Golden West Aerated Water Company, which was established around 1902 by Mr J.J. Wallis to produce soft drinks, such as ginger beer, lemonade and kola beer.

Mr Lloyd Clark, Managing Director of M/Group, parent company of Match, said the site was a welcome opportunity for the company to push the design envelope.

“Match was established on a mission to improve Perth’s streetscapes through innovative and considered apartment design that remains in context with the surrounding environment. Leederville is the epitome of cutting edge culture, so our team was really excited to explore the opportunities and present a concept that took Perth’s streetscape architecture to a new level,” he said.

“It was a calculated risk and we were unsure how the market would respond, but M/24 hit the ground running. It immediately attracted young owner-occupiers wanting a signature residence and investors looking to capitalise on the building’s unique appeal.”

The building’s look and feel is based on the idea of aerated water and the intricate and complex action of bubbles moving in fluid. On the street-front, M/24’s soft-drink inspired lattice screen extends to the ground at the foyer entry, creating a sense of entering this bubble matrix.

Each apartment is configured to maximise natural light and airflow through living areas and bedrooms. The apartments are developed to offer an active street-front outlook or one that is more private, overlooking a linear communal area with views towards the city skyline.

Each apartment has stylish interiors, quality fixtures and fittings, and an intentionally designed space that creates a blank canvas for residents to personalise. All apartments feature undercover parking, air conditioning, lift access and security.

M/Construction, another M/Group company, is behind the construction of M/24 and part of an integrated and seamless development model that de-risks the development process to provide added benefit and peace of mind to the property purchaser.

M/24 apartment prices start from $450,000 for one-bedroom apartments and $595,000 for two-bedroom apartments. Completion is scheduled for early 2017.