Traralgon VIC 3844

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

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 Traralgon and Morwell in Victoria, and Caboolture, Ipswich and Beaudesert in South-East Queensland.

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 by Expressions of Interest closing 4:00pm AEST, Thursday 22nd August 2024. For further information or a copy of the contract of sale please contact the exclusive marketing agents at Knight Frank.