The SDA HOUSING Podcast

EPISODE 302 - Media Releases: THE AUSTRALIAN - Cocoon SDA Care

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 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. 

Our research reveals a 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). People in Pakistan (WTF) had full login access to Proda, to draw down funds from the portal too. OMFG. On top of that, Cocoon’s associated property sales - specifically their "House Packages" sold to investors - netted at least minimum $50,000 in profits per sale (from a $100,000 margins). With roughly 300 sales (much more maybe) this equated to $15,000,000 plus in profits pocketed by Cocoon’s co-founder, 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, after offloading a $16.5M site last year too! Shall we keep saying "alleged" when its clearly not? 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 fraud was involved, & he transferred funds to family members. 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?

Look at the numbers above - that's a helluva lot of zeros!

Cocoon have now been placed into liquidation. All financial inquiries must be directed to Deloitte, the appointed Liquidators.

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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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