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By Dr. Andre Jackson | 27 February 2022

National Specialist Disability Accommodation Portfolio Listed For Sale

A portfolio of 8, brand-new Specialist Disability Accommodation (SDA) assets in Queensland and Victoria are going to market, with offers in excess of $25 million anticipated.The offering consists of 45 beds in one- and two-bedroom SDA apartments, all leased to leading disability and aged care provider Zenitas Healthcare on 10-year leases.Set to generate a total net annual income of $1,413,057p.a., the terms include annual increases and options running through to 2052, with all outgoings payable by the tenant.In south-east Queensland, two properties apiece in Beaudesert and Caboolture and one in Leichhardt were completed in 2021. In Victoria’s Gippsland region, sites in Traralgon and Morewell are due for completion in April.SDA is housing designed for National Disability Insurance Scheme (NDIS) participants with extreme functional impairment or very high support needs, with accessible features to help residents live more independently.With site areas spanning 716sqm to 3,774sqm, each property in the Zenitas portfolio also features car parking, dedicated space and facilities for a carer, separate terraces for each apartment and air conditioning.CBRE’sMichael Hedger,Sandro Peluso,Marcello Caspani Muto,Sebastian FaheyandJosh Scapolanare managing the sale campaign on behalf of Robinson Projects, with Expressions of Interest invited before March 31.“This is a rare opportunity to acquire an asset portfolio in a sector underpinned by long-term government support,” Mr Hedger said.“These are high-quality developments, fully-leased to an industry leader and strategically located in high-growth locations, near hospitals and medical facilities.”Zenitas Healthcare has a workforce of nearly 5,000 specialists across Australia and generated more than $250 million in revenue in the 2020/21 financial year.The company was established in 2016 and expanded through a series of acquisitions until its purchase in 2018 by Guardian Alphabet, which in turn is owned by Adamantern Capital Management and Liverpool Partners.“Zenitas is at the forefront of delivering quality care to the estimated 500,000 Australians living with a permanent or significant disability, who are supported by the NDIS,” Mr Peluso added.“Specialist Disability Accommodation is an emerging sector, generating increasing investor interest despite its relative infancy.“These assets offer what’s incredibly close to a true triple-net-lease scenario, thanks to their land-tax-exempt status and tenants paying all outgoings.”Previous ArticleNext Article

The offering consists of 45 beds in one- and two-bedroom SDA apartments, all leased to leading disability and aged care provider Zenitas Healthcare on 10-year leases.Set to generate a total net annual income of $1,413,057p.a., the terms include annual increases and options running through to 2052, with all outgoings payable by the tenant.In south-east Queensland, two properties apiece in Beaudesert and Caboolture and one in Leichhardt were completed in 2021. In Victoria’s Gippsland region, sites in Traralgon and Morewell are due for completion in April.SDA is housing designed for National Disability Insurance Scheme (NDIS) participants with extreme functional impairment or very high support needs, with accessible features to help residents live more independently.With site areas spanning 716sqm to 3,774sqm, each property in the Zenitas portfolio also features car parking, dedicated space and facilities for a carer, separate terraces for each apartment and air conditioning.CBRE’sMichael Hedger,Sandro Peluso,Marcello Caspani Muto,Sebastian FaheyandJosh Scapolanare managing the sale campaign on behalf of Robinson Projects, with Expressions of Interest invited before March 31.“This is a rare opportunity to acquire an asset portfolio in a sector underpinned by long-term government support,” Mr Hedger said.“These are high-quality developments, fully-leased to an industry leader and strategically located in high-growth locations, near hospitals and medical facilities.”Zenitas Healthcare has a workforce of nearly 5,000 specialists across Australia and generated more than $250 million in revenue in the 2020/21 financial year.The company was established in 2016 and expanded through a series of acquisitions until its purchase in 2018 by Guardian Alphabet, which in turn is owned by Adamantern Capital Management and Liverpool Partners.“Zenitas is at the forefront of delivering quality care to the estimated 500,000 Australians living with a permanent or significant disability, who are supported by the NDIS,” Mr Peluso added.“Specialist Disability Accommodation is an emerging sector, generating increasing investor interest despite its relative infancy.“These assets offer what’s incredibly close to a true triple-net-lease scenario, thanks to their land-tax-exempt status and tenants paying all outgoings.”Previous ArticleNext Article

Set to generate a total net annual income of $1,413,057p.a., the terms include annual increases and options running through to 2052, with all outgoings payable by the tenant.In south-east Queensland, two properties apiece in Beaudesert and Caboolture and one in Leichhardt were completed in 2021. In Victoria’s Gippsland region, sites in Traralgon and Morewell are due for completion in April.SDA is housing designed for National Disability Insurance Scheme (NDIS) participants with extreme functional impairment or very high support needs, with accessible features to help residents live more independently.With site areas spanning 716sqm to 3,774sqm, each property in the Zenitas portfolio also features car parking, dedicated space and facilities for a carer, separate terraces for each apartment and air conditioning.CBRE’sMichael Hedger,Sandro Peluso,Marcello Caspani Muto,Sebastian FaheyandJosh Scapolanare managing the sale campaign on behalf of Robinson Projects, with Expressions of Interest invited before March 31.“This is a rare opportunity to acquire an asset portfolio in a sector underpinned by long-term government support,” Mr Hedger said.“These are high-quality developments, fully-leased to an industry leader and strategically located in high-growth locations, near hospitals and medical facilities.”Zenitas Healthcare has a workforce of nearly 5,000 specialists across Australia and generated more than $250 million in revenue in the 2020/21 financial year.The company was established in 2016 and expanded through a series of acquisitions until its purchase in 2018 by Guardian Alphabet, which in turn is owned by Adamantern Capital Management and Liverpool Partners.“Zenitas is at the forefront of delivering quality care to the estimated 500,000 Australians living with a permanent or significant disability, who are supported by the NDIS,” Mr Peluso added.“Specialist Disability Accommodation is an emerging sector, generating increasing investor interest despite its relative infancy.“These assets offer what’s incredibly close to a true triple-net-lease scenario, thanks to their land-tax-exempt status and tenants paying all outgoings.”Previous ArticleNext Article

In south-east Queensland, two properties apiece in Beaudesert and Caboolture and one in Leichhardt were completed in 2021. In Victoria’s Gippsland region, sites in Traralgon and Morewell are due for completion in April.SDA is housing designed for National Disability Insurance Scheme (NDIS) participants with extreme functional impairment or very high support needs, with accessible features to help residents live more independently.With site areas spanning 716sqm to 3,774sqm, each property in the Zenitas portfolio also features car parking, dedicated space and facilities for a carer, separate terraces for each apartment and air conditioning.CBRE’sMichael Hedger,Sandro Peluso,Marcello Caspani Muto,Sebastian FaheyandJosh Scapolanare managing the sale campaign on behalf of Robinson Projects, with Expressions of Interest invited before March 31.“This is a rare opportunity to acquire an asset portfolio in a sector underpinned by long-term government support,” Mr Hedger said.“These are high-quality developments, fully-leased to an industry leader and strategically located in high-growth locations, near hospitals and medical facilities.”Zenitas Healthcare has a workforce of nearly 5,000 specialists across Australia and generated more than $250 million in revenue in the 2020/21 financial year.The company was established in 2016 and expanded through a series of acquisitions until its purchase in 2018 by Guardian Alphabet, which in turn is owned by Adamantern Capital Management and Liverpool Partners.“Zenitas is at the forefront of delivering quality care to the estimated 500,000 Australians living with a permanent or significant disability, who are supported by the NDIS,” Mr Peluso added.“Specialist Disability Accommodation is an emerging sector, generating increasing investor interest despite its relative infancy.“These assets offer what’s incredibly close to a true triple-net-lease scenario, thanks to their land-tax-exempt status and tenants paying all outgoings.”Previous ArticleNext Article

SDA is housing designed for National Disability Insurance Scheme (NDIS) participants with extreme functional impairment or very high support needs, with accessible features to help residents live more independently.With site areas spanning 716sqm to 3,774sqm, each property in the Zenitas portfolio also features car parking, dedicated space and facilities for a carer, separate terraces for each apartment and air conditioning.CBRE’sMichael Hedger,Sandro Peluso,Marcello Caspani Muto,Sebastian FaheyandJosh Scapolanare managing the sale campaign on behalf of Robinson Projects, with Expressions of Interest invited before March 31.“This is a rare opportunity to acquire an asset portfolio in a sector underpinned by long-term government support,” Mr Hedger said.“These are high-quality developments, fully-leased to an industry leader and strategically located in high-growth locations, near hospitals and medical facilities.”Zenitas Healthcare has a workforce of nearly 5,000 specialists across Australia and generated more than $250 million in revenue in the 2020/21 financial year.The company was established in 2016 and expanded through a series of acquisitions until its purchase in 2018 by Guardian Alphabet, which in turn is owned by Adamantern Capital Management and Liverpool Partners.“Zenitas is at the forefront of delivering quality care to the estimated 500,000 Australians living with a permanent or significant disability, who are supported by the NDIS,” Mr Peluso added.“Specialist Disability Accommodation is an emerging sector, generating increasing investor interest despite its relative infancy.“These assets offer what’s incredibly close to a true triple-net-lease scenario, thanks to their land-tax-exempt status and tenants paying all outgoings.”Previous ArticleNext Article

With site areas spanning 716sqm to 3,774sqm, each property in the Zenitas portfolio also features car parking, dedicated space and facilities for a carer, separate terraces for each apartment and air conditioning.CBRE’sMichael Hedger,Sandro Peluso,Marcello Caspani Muto,Sebastian FaheyandJosh Scapolanare managing the sale campaign on behalf of Robinson Projects, with Expressions of Interest invited before March 31.“This is a rare opportunity to acquire an asset portfolio in a sector underpinned by long-term government support,” Mr Hedger said.“These are high-quality developments, fully-leased to an industry leader and strategically located in high-growth locations, near hospitals and medical facilities.”Zenitas Healthcare has a workforce of nearly 5,000 specialists across Australia and generated more than $250 million in revenue in the 2020/21 financial year.The company was established in 2016 and expanded through a series of acquisitions until its purchase in 2018 by Guardian Alphabet, which in turn is owned by Adamantern Capital Management and Liverpool Partners.“Zenitas is at the forefront of delivering quality care to the estimated 500,000 Australians living with a permanent or significant disability, who are supported by the NDIS,” Mr Peluso added.“Specialist Disability Accommodation is an emerging sector, generating increasing investor interest despite its relative infancy.“These assets offer what’s incredibly close to a true triple-net-lease scenario, thanks to their land-tax-exempt status and tenants paying all outgoings.”Previous ArticleNext Article

CBRE’sMichael Hedger,Sandro Peluso,Marcello Caspani Muto,Sebastian FaheyandJosh Scapolanare managing the sale campaign on behalf of Robinson Projects, with Expressions of Interest invited before March 31.“This is a rare opportunity to acquire an asset portfolio in a sector underpinned by long-term government support,” Mr Hedger said.“These are high-quality developments, fully-leased to an industry leader and strategically located in high-growth locations, near hospitals and medical facilities.”Zenitas Healthcare has a workforce of nearly 5,000 specialists across Australia and generated more than $250 million in revenue in the 2020/21 financial year.The company was established in 2016 and expanded through a series of acquisitions until its purchase in 2018 by Guardian Alphabet, which in turn is owned by Adamantern Capital Management and Liverpool Partners.“Zenitas is at the forefront of delivering quality care to the estimated 500,000 Australians living with a permanent or significant disability, who are supported by the NDIS,” Mr Peluso added.“Specialist Disability Accommodation is an emerging sector, generating increasing investor interest despite its relative infancy.“These assets offer what’s incredibly close to a true triple-net-lease scenario, thanks to their land-tax-exempt status and tenants paying all outgoings.”Previous ArticleNext Article

“This is a rare opportunity to acquire an asset portfolio in a sector underpinned by long-term government support,” Mr Hedger said.“These are high-quality developments, fully-leased to an industry leader and strategically located in high-growth locations, near hospitals and medical facilities.”Zenitas Healthcare has a workforce of nearly 5,000 specialists across Australia and generated more than $250 million in revenue in the 2020/21 financial year.The company was established in 2016 and expanded through a series of acquisitions until its purchase in 2018 by Guardian Alphabet, which in turn is owned by Adamantern Capital Management and Liverpool Partners.“Zenitas is at the forefront of delivering quality care to the estimated 500,000 Australians living with a permanent or significant disability, who are supported by the NDIS,” Mr Peluso added.“Specialist Disability Accommodation is an emerging sector, generating increasing investor interest despite its relative infancy.“These assets offer what’s incredibly close to a true triple-net-lease scenario, thanks to their land-tax-exempt status and tenants paying all outgoings.”Previous ArticleNext Article

“These are high-quality developments, fully-leased to an industry leader and strategically located in high-growth locations, near hospitals and medical facilities.”Zenitas Healthcare has a workforce of nearly 5,000 specialists across Australia and generated more than $250 million in revenue in the 2020/21 financial year.The company was established in 2016 and expanded through a series of acquisitions until its purchase in 2018 by Guardian Alphabet, which in turn is owned by Adamantern Capital Management and Liverpool Partners.“Zenitas is at the forefront of delivering quality care to the estimated 500,000 Australians living with a permanent or significant disability, who are supported by the NDIS,” Mr Peluso added.“Specialist Disability Accommodation is an emerging sector, generating increasing investor interest despite its relative infancy.“These assets offer what’s incredibly close to a true triple-net-lease scenario, thanks to their land-tax-exempt status and tenants paying all outgoings.”Previous ArticleNext Article

Zenitas Healthcare has a workforce of nearly 5,000 specialists across Australia and generated more than $250 million in revenue in the 2020/21 financial year.The company was established in 2016 and expanded through a series of acquisitions until its purchase in 2018 by Guardian Alphabet, which in turn is owned by Adamantern Capital Management and Liverpool Partners.“Zenitas is at the forefront of delivering quality care to the estimated 500,000 Australians living with a permanent or significant disability, who are supported by the NDIS,” Mr Peluso added.“Specialist Disability Accommodation is an emerging sector, generating increasing investor interest despite its relative infancy.“These assets offer what’s incredibly close to a true triple-net-lease scenario, thanks to their land-tax-exempt status and tenants paying all outgoings.”Previous ArticleNext Article

The company was established in 2016 and expanded through a series of acquisitions until its purchase in 2018 by Guardian Alphabet, which in turn is owned by Adamantern Capital Management and Liverpool Partners.“Zenitas is at the forefront of delivering quality care to the estimated 500,000 Australians living with a permanent or significant disability, who are supported by the NDIS,” Mr Peluso added.“Specialist Disability Accommodation is an emerging sector, generating increasing investor interest despite its relative infancy.“These assets offer what’s incredibly close to a true triple-net-lease scenario, thanks to their land-tax-exempt status and tenants paying all outgoings.”Previous ArticleNext Article

“Zenitas is at the forefront of delivering quality care to the estimated 500,000 Australians living with a permanent or significant disability, who are supported by the NDIS,” Mr Peluso added.“Specialist Disability Accommodation is an emerging sector, generating increasing investor interest despite its relative infancy.“These assets offer what’s incredibly close to a true triple-net-lease scenario, thanks to their land-tax-exempt status and tenants paying all outgoings.”Previous ArticleNext Article

“Specialist Disability Accommodation is an emerging sector, generating increasing investor interest despite its relative infancy.“These assets offer what’s incredibly close to a true triple-net-lease scenario, thanks to their land-tax-exempt status and tenants paying all outgoings.”Previous ArticleNext Article

“These assets offer what’s incredibly close to a true triple-net-lease scenario, thanks to their land-tax-exempt status and tenants paying all outgoings.”Previous ArticleNext Article

Previous ArticleNext Article


Dr. Andre Jackson

About the Author: Dr. Andre Jackson

Dr. Jackson forecasts health precinct demand, aged care growth, and access equity in property planning. A healthcare economist and die-hard footy fan, he’s passionate about wellness-based urban design.