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.

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.

M/Group are pleased to announce that leading national retailers Rebel Sports and Red Dot Home have been secured as key tenants for our Geraldton Large Format Centre project.

Currently under construction, the project represents a significant achievement for investors in the associated fund with the asset fully leased upon completion.

Bella Build have already commenced site works, with the building set to be completed by mid-next year.

M/Group is proud to announce an exciting new chapter in our journey—our entry into the renewable energy sector. Leveraging our extensive property expertise, we are actively identifying and securing prime sites that align with the demands of this dynamic and sustainable industry.

By combining our proven skills in property development with the growing opportunities in renewable energy, we aim to deliver impactful projects that contribute to a cleaner, greener future.

In collaboration with our partners, we are working diligently to finalise plans and are thrilled to share that our first renewable energy project will be unveiled next year.

A development panel has greenlit a $140 millions workers village in Broadwood that will add more than 350 dwellings in the City of Kalgoorlie-Boulder.

The Regional Joint Development Assessment Panel today approved MGroup’s proposal to build an essential workers lifestyle village comprising 379 grouped dwellings, a 1.6-hectare communal open space, and recreational facilities.

MGroup’s development application, prepared by town planner Rowe Group, said the village would provide affordable accommodation for the area.

“The proposed development is not a mining camp or FIFO village, and rather the development proposes permanent housing for government and other essential workers who require permanent housing,” the document reads.

“The types of workers that may be accommodated include health workers, educational workers, industrial and supplementary industry workers, and any other workers who provide essential and in-demand services to the local community and economy.”

The project site covers 17.8 hectares of vacant land and is bound by Gatacre and Hart Kerspien Drives, and Kalgoorlie-Boulder Airport.

According to the JDAP report, the site undergoing a Crown land subdivision approval by the Western Australian Planning Commission that includes the amalgamation of the lots and ceding of land for road reserve and drainage purposes.

Despite the city recommending the the JDAP approve the $140 million development, the proposal attracted some backlash from the community.

The city received 82 submissions opposing the proposed workers village during the public consultation period, compared to the six responses in support.

JDAP members unanimously approved the proposed development, subject to conditions including construction of safer vehicle access arrangements.

Housing shortage in regional WA has been well documented in the past couple of years, with MGroup’s essential workers lifestyle village the latest accommodation project in the city.

Read the full article here.

New key worker accommodation projects in Broome, Denham and Kalgoorlie have received a major boost with nearly $12 million in funding from the State Labor Government’s Infrastructure Development Fund.

The $80 million Fund provides funding assistance to address upfront costs associated with connecting essential water, electricity, and sewerage infrastructure, which have constrained development and impacted the viability of housing projects.

Funding has been allocated equally, with $40 million available for key workers accommodation in regional areas and the remaining $40 million available for priority infill developments in key urban areas of Perth.

The Unlocking Regional Worker Accommodation Opportunities stream is designed to address utility constraints, either at the precinct or strategic site scale, which are impacting the delivery of key workers accommodation.

Recipients of the first round of this funding include the Shire of Broome, the City of Kalgoorlie-Boulder and the Shire of Shark Bay.

The City of Kalgoorlie-Boulder will benefit from $4 million in funding that will enable an extension of the main sewerage network to service 66.9 hectares of undeveloped land near the airport.

The land includes a 17.2-hectare site on Hart Kerspien Drive which the City recently resolved to sell to the M/Group for the development of a proposed 400-dwelling residential lifestyle village featuring one-, two-, three- and four-bedroom homes.

Read the full article here.