Featured Project

Hawthorn, Victoria


A premium site first conceived as a supermarket with five apartments above reimagined by MPG into 24 apartments, and 100% sold off the plan before construction.

Street view of the Henrietta Street, Hawthorne apartment development with contemporary design and balconies.
Original concept
5 apartments
Above supermarket
Revised HBU
24
apartments
Pre-sold
100%
Off the plan sales
Client
DealCorp
Melbourne developer
Project Overview

5 apartments
became 24.

Melbourne developer DealCorp engaged MPG to maximise the development potential of a premium Hawthorn site. The initial concept was modest: a supermarket with five residential apartments above.

Following comprehensive analysis and feasibility modelling, MPG proposed a more profitable solution – 24 residential apartments, significantly increasing both the site’s yield and the overall project return. MPG collaborated on the design refinement and led the marketing strategy, and the development achieved 100% off-the-plan sales prior to construction.

The Challenge

A premium Hawthorn site with a modest initial concept – a supermarket with five residential apartments above – was leaving value on the table. DealCorp wanted its full development potential.

The Approach

MPG ran comprehensive HBU analysis and feasibility modelling and proposed a more profitable solution: 24 residential apartments. We collaborated on the design refinement and led the marketing strategy.

The Outcome

The revised concept significantly increased both the site’s yield and the overall project return – and the development achieved 100% off the-plan sales prior to construction commencement.

Is your concept the
most profitable one?

At Henrietta St, a supermarket-plus-five-apartments concept became 24 apartments — lifting the site’s yield and return, and selling out off the plan before construction. Before you lock a scheme, we will model the highest and best use of your site.

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