Childcare Property Trust No. 2



(ARSN 100 176 805)

Fund Status: Terminated

As the trust has been terminated the following is for infomation purposes only.

DDH Graham Limited acts as the Responsible Entity of Childcare Property Trust No. 2.

Following a capital raising of $8.8 million in May 2002 the Trust acquired 11 childcare centres and related freehold property.


CPT-2 at a Glance

Principal Activities
The Trust has been established as a closed-end property trust to invest in freehold childcare centres.

The 11 Trust properties are located as follows:

  • Banora Point, NSW
  • Jensen, Townsville, QLD
  • Colonel Light Gardens, Adelaide, SA
  • Mooroopna, Shepparton, VIC
  • Deeragun, Townsville, QLD
  • Morayfield, QLD
  • Glenvale, Toowoomba, QLD
  • Whiterock, Cairns, QLD
  • Gulliver, Townsville, QLD
  • Woree, Cairns, QLD
  • Gympie, QLD


Each centre is leased to and managed by Peppercorn Holdings No 2 Pty Ltd, a wholly owned subsidiary of A.B.C. Learning Centres Limited.  The Trust receives as rent all the profit of the centres less Peppercorn's management fee.
The centres have a total of 752 licensed places.

During 2006 the Trust entered into agreements to sell all to the CPT-2 childcare businesses to a subsidiary of Ramsay Bourne Holdings Pty Ltd (RBH). Each childcare business will settle upon the expiry of the current management leases in July 2007.

The agreement with RBH also covers the sale of the freehold properties which from July 2007 will be leased to RBH on a fixed rental basis. These properties, which are covered by put and call options, will settle no later than 6 months after the sale of the childcare businesses that is, no later than January 2008. In that period the Trust will receive rental income from RBH.

The Trust was wound up effective 30 June 2008 at which time the final distribution was paid to unitholders.


Net Asset Backing per Unit

30 June 2003     $0.9124
30 June 2004     $0.9588
30 June 2005     $0.9588
30 June 2006     $0.9856
31 Dec 2006      $0.9466
30 June 2007     $0.8062
30 Dec 2007      $0.0276
30 June 2008     $0.0000


Download Files

CPT-2 Annual Financial Report

 

CPT-2 Half-Year Financial Report 31 December 2005 (PDF)

  

 

 

CPT-2 Annual Financial Report 30 June 2005 (PDF)

 

  

 

CPT-2 Annual Financial Report 30 June 2006 (PDF)

 

  

 

CPT-2 Annual Financial Report 30 June 2007 (PDF)

 

 

 

CPT-2 Annual Financial Report 30 June 2008 (PDF)