27/10/2026
Former nursing homes are getting a second life.
As aged care consolidates, more former facilities are being refitted as Specialist Disability Accommodation (SDA). In Preston, Melbourne, a 35-room former aged care home has just been leased long-term to an NDIS provider for $530,000 a year, with annual CPI reviews.
The numbers look good on paper, but there’s a catch. The NDIA is already flagging oversupply in parts of Melbourne, Adelaide and South East Queensland, and much of the new stock doesn’t match what participants actually need.
We break down where the opportunity is, and where investors are getting caught out.
Read the full article: https://tr.ee/aSCMOo