Childcare centre investments

Little Gems, 9 Helensvale Road, Helensvale

Acquisition Date: February 2019

Purchase Price: $5,550,000

Current Distribution: 8.05% pa net (paid monthly and fully tax deferred)

The property includes the following key features: 

• 10 + 10 year lease (9 year initial lease from settlement)

• Brand new facility with significant depreciation

• Triple net lease – Childcare Centre pays all outgoings including land tax

• 6 month bank guarantee and directors guarantees in place

• Developer has reinvested into the syndicate