2020 - 2025 Plan

A considered approach and an opportunistic mindset at a time where caution needs to be exercised.

Established

2021

Market Lane Developments


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Established

2021

Advise Transact


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Future plan

2023

2025

CREVAIF


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Established

2021

Monash Commercial Property


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The Commercial Real-Estate Value-Add Income Fund (CREVAIF) is a specialised division of Wizel Property and Pearl River Group (WPPRG) which focuses on the acquisition of commercial property in varying asset classes with a minimum value of $20mil (AUD). The primary characteristic that drives the funds acquisitions is income coupled with the potential to unlock future value within the asset. CREVAIF has been set-up to complement the other divisions of WPPRG, which over the past 12 months have successfully demonstrated the ability to acquire, add value and divest a range of commercial property assets.

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The name “Market Lane” draws on the dedication, endeavour, hard work and opportunities created by Mark Wizel and Lewis Tong’s parents in their respective pursuits to afford a better life for their families. Mark’s father ran a business at Queen Victoria Market in Melbourne and Lewis’s parents ran an import retail business called Silk Lane.

In respect to their parents, “market” and “lane” were combined to build the company now known as Market Lane Developments - the meaning of a market is to foster the gathering of people to purchase and sell goods, and lane describing the avenue or direction in which this happens. This provides good context to the groups focus in acquiring and developing large format retail properties throughout Australia, and to continue building a strong reputation that upholds their roots.

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The Monash Commercial Property Investment Fund (MCPIF) has been set-up to take advantage of a short to medium term value-driven opportunity. MCPIF is focused on servicing its private investor base through the acquisition of value-add property in the $500,000 to $10,000,000 price bracket.

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Monash Commercial

MCPIF is Fully Subscribed & 100% Deployed -

Advise Transact is a specialised division of WPPRG that services high-profile investors and enables them to dispose of their prized commercial properties in an effective, professional and considered manner. We understand that selling down a large asset is not an easy decision and see the imperative for a team that fully understands (first hand) what is involved in the entire life-cycle of preparing and executing on the disposal of a commercial property.

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Born out of a need to service the shop-fitting requirements of our retail operators, Fitout Solutions assists new and/or established retailers in tackling the challenge of fitting out their new location. Our service covers the full scope of work required to fit out a shop, ensuring the timely and well executed delivery of a location that is ready to commence trading.

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Fit Out Solutions

Head Office

Level 9/175 Collins Street
Melbourne VIC 3000

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South Eastern Office

92 Kooyong Road
Caulfield North VIC 3161

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We acknowledge and respect the First Nations people of Australia as the traditional custodians of the land. We are committed to promoting cultural understanding, addressing systemic inequalities, and building partnerships with First Nations people and organisations. We recognise the ongoing connection of First Nations people to country and pay our respects to Elders past, present, and emerging.

Wizel Property Group is a partner of Pearl River Group, a property company which operates in investment, development and property advisory services. © 2024 Wizel Property Group. All rights reserved.