March Update - 9 Helensvale Road, Helensvale
On Friday 1st March 2019, Investors received their first monthly dividend in the Helensvale Childcare Muse Capital Trust. Congratulations to all the investors involved.
Fixed Interest Rates since our original forecast in October 2018 have rapidly reduced and are now significantly below our long term forecast.
Whilst the Royal Commission into the Banking sector has caused a number of issues in the broader economy, particularly in relation to adhering to more stringent lending conditions; quality low-risk properties are dominating current lending in the market.
We are pleased to advise that we have thus elected to fix our interest rate for four (4) years with Bank of Queensland; we thank BoQ for their support.
The four year fixing aligns with our market rent review at the property, strategically positioning our long-term goals of realising value uplift through an increase to market rental levels, whilst maintaining stable risk-mitigated returns until this time.
This has resulted in an upgrade of current and future forecast returns as follows:
We look forward to increasing distributions from the 1st April 2019 for investors.
Upset you missed out?
An opportunity exists to acquire up to 100,000 units (AUD $100,000) in the Helensvale Childcare Muse Capital Unit Trust. Minimum 50,000 unit subscription. Want to find out more? Contact us today.