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Address available on request Caboolture, QLD 4510

Address available on request,
Caboolture, QLD 4510

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NDIS Specialist Disability Accommodation – 10 Year, triple-net head leases

Knight Frank are pleased to offer for sale a portfolio of 7 modern NDIS assets located in key growth corridors across South-East Queensland and the La Trobe Valley.

The key attributes of this opportunity include:

- Each asset is tenanted to Zenitas Healthcare on a 10 + 10 basis;
- Villa-style product offering a mix of Fully Accessible (FA) Improved Liveability (IL and High Physical Support (HPS) classifications;
- 39 beds in total
- Significant rental reversion potential;
- 8.22-Year Portfolio WALE (as at 1 Sept. 2024)
- Portfolio income of $1,521,709 p.a.* (net) (as at 1 Sept. 2024)
- Substantial depreciation benefits
- Available for sale as a portfolio, individually or any combination thereof
- CPI-linked review mechanisms across 5 out of 7 leases;
- Located in key growth corridors with high rates of NDIS participants including Caboolture, Ipswich, and Beaudesert, South-East Queensland, plus Morwell and Traralgon in Victoria.

Zenitas Healthcare are one of Australia’s leading NDIS service providers and are backed by Adamantem Capital, one of Australia’s leading private equity investors.

The portfolio is For Sale via Private Treaty. For further information or a copy of the contract of sale please contact the exclusive marketing agents at Knight Frank.

Property ID: 504649364Last Updated: 2 Sep 2024

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Address available on request
Caboolture, QLD 4510

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