The SDA HOUSING Podcast

EPISODE 302 - Media Releases: THE AUSTRALIAN - Cocoon

NDIS PROPERTY AUSTRALIA

This is a special episode featuring several news articles from The Australian. These articles were randomly selected from 19 stories published over the past 10 weeks, covering the Cocoon allegations that have unfolded publicly.

The audio files merged in this episode are the exact word-for-word content of these five articles, extracted from the website's text-to-speech software. We’re republishing these articles (in audio format) because most people don’t have a paid subscription to this news outlet, and we want our listeners to hear this content firsthand regarding the Cocoon controversy.

Horizon SolSolutions Pty Ltd traded as - Cocoon Franchise, Cocoon Lifetime Care, Cocoon SDA Accommodation, & Cocoon SDA Homes.

UPDATE (28.05.25): Cocoon have now been placed into liquidation. All financial inquiries must be directed to Deloitte, the appointed administrators.

Source: THE AUSTRALIAN

Our research reveals the staggering exposure of Cocoon's web within the NDIS - NDIS has paid (last 4 years alone) to Cocoon over $200,000,000, amounting to about roughly $50M per year over the last four years (plus more from prior years). On top of that, Cocoon’s associated property sales - specifically their "House Packages" sold to investors - netted approximately $50,000 in profit per sale (from a $100,000 gross profit). With roughly 300 sales, this equated to $15,000,000 plus in profits pocketed by Cocoon’s co-founder, Mr. Zaffar Khan, not to mention his earnings from other land development deals. In addition, they were selling $550,000 Cocoon franchises to overseas investors, with guarantees of $80,000 - $130,000 pa from these franchises. As recently as April 2025, Khan and his wife were reportedly shopping around to purchase $13 million worth of land in Brisbane. He offloaded a $16.5M land site last year too! 

ASIC & NDIA & ATO should investigate businesses and assets held under Zaffar Khan’s family members to potentially seize such assets as "proceeds of crime" & repay investors & participants - if proven that he defrauded the NDIS or investors. 

One has to wonder: How much financial wealth has Zaffar Khan amassed over the years by exploiting the NDIS and property investors - both domestic and abroad? Just look at the numbers above - that's a helluva lot of zeros yes?

Source: NDIS PROPERTY AUSTRALIA

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NDIS PROPERTY AUSTRALIA:
Our team conducts thorough research on Specialist Disability Accommodation (SDA) and provides appropriate technical advice through premium and strategy-based solutions. We also use complex feasibility calculation spreadsheets to help investors understand the expected annual income of an SDA dwelling, the timeline stages of construction of their property, as well as revealing the hidden costs. By staying up-to-date with the latest SDA data and pricing payments information, we help clients make better-informed decisions and achieve their investment goals.

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