Property Development

M1 COMMERCIAL BUILDING

Owned with other private investors, the M1 Centre is ideally situated in the northern part of Adelaide CBD within close proximity to the Adelaide Festival Centre, the newly upgraded Adelaide Oval, Parliament House, the civic and arts precinct as well as Adelaide’s premier retail location – Rundle Mall .

M1 boasts a mix of high profile retailers, office tenants and medical specialists. M1 comprises 10 levels, with a total building size of approx 4,700sqm. The M1 is set to benefit from the $80 million tram extension, $7 million Gawler Place upgrade and multibillion dollar private investments in surrounding areas and properties. After management by the MPG team, efficiency has been improved in many areas, and the quality of the building has been greatly improved. This has resulted in increased occupancy, property value and cash flow for investors and stakeholders. www.195nt.com.au

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