South Hedland
M/Group is pleased to invite Expressions of Interest for our third Quest Hotel Fund
11.96%
per annum*
TARGET ANNUAL RETURN
(paid monthly from completion)
19.05%
IRR*
TARGET INTERNAL RATE OF RETURN
(over 6-year fund term)
20
year lease
TO INTERNATIONAL COMPANY
*Target returns and investment terms are estimates only and are not guaranteed. Projections are based on assumptions that may change over the investment period. This is not an offer to issue securities; invitations to invest are made only via the Information Memorandum. Investors should consider risks and seek independent advice.
Who We Are
M/Group is an established integrated property group with interests in Funds Management, Investment, Development and Real Estate services. The company was founded in 2001 by Directors, Lloyd Clark & Cameron Barr.
M/Group has grown consistently and organically over the years from a clear vision and passion for property. The company’s property portfolio over the past 25 years has a combined value exceeding AUD$1.5 billion, ranging from residential (land and built form), hotels, commercial, industrial, and retail.
For more information, visit M/Group’s website.
The Project
M/Group, in collaboration with Quest Apartment Hotels, is proud to announce the development of a new 90-key serviced apartment hotel in South Hedland. Designed by CCN Architects in partnership with the Quest design team, this project is positioned to meet the unprecedented demand generated by the region’s mining industry.
This will be M/Group’s third developed Quest apartment hotel with Quest Ascot and Joondalup remaining in the portfolio, delivering strong returns to those Investors.
The new Quest development will be underpinned by a 20-year lease from Quest, a fully owned subsidiary of The Ascott Limited. The construction will be led by our preferred partner, M/Construction, who has delivered a diverse portfolio of major commercial and residential projects since 2010.
For more information on the Project, register your interest below.
The Location
South Hedland is one of three major centres in the Pilbara region containing the largest port. The region is a globally significant powerhouse, responsible for a substantial portion of the world’s iron ore exports and a rapidly growing renewable energy sector.
To support this massive industrial output and the accompanying workforce, the Pilbara features three major seaports and two International airports.
The Port of Port Hedland is the world’s largest bulk export by tonnage, currently undergoing the Lumsden Point expansion to facilitate the global battery metals and green energy trade.
South Hedland is the primary residential and service centre for the region, currently undergoing a 10-year revitalisation plan to enhance its vibrancy and connectivity.
The Site
The Project will be developed on a 4,979m² corner parcel of land located at the heart of the South Hedland Town Centre, strategically positioned between the Hospital and the Charter Hall Regional Shopping Centre.
A short distance from the South Hedland International Airport and a 15-minute drive to the main operating port.
The corner location and preferred North orientation maximise natural light for all 90 apartments, a key differentiator in the premium short-stay market.
Register your interest
To register your interest in the fund or to learn more, please complete the form and you will receive a copy of the Information Memorandum.