Grow Early Childcare Centre
Advent Childcare Unit Trust
-
“Grow Early Childcare Centre” – Advent Childcare Unit Trust
-
Childcare Centre – 1,800m2 of land with 626m2 of lettable area comprising purpose-built childcare facilities with incidental office. The tenant, Grow Early Education, is an independent childcare operator with over 25 years’ experience in operating and managing centres.
-
2 Platz St, Darling Heights, Toowoomba QLD
-
Acquired November 2019 for $3.9 million
7.00% Net Passing Yield
-
40.00% LVR – Variable – Non-Recourse (prior to sale)
-
8.00% p.a. paid monthly
-
Sold September 2022 for $5.75 million
$1.50 per $1.00 unit returned to Unitholders