SOLD!Long-standing General Practice in South East Suburbs Melbourne

This general practice was established in 1994 in purpose-built premises. The current owners purchased the clinic in May 2018. The practice is in a high-visibility location and the building is substantial with 7 consulting rooms, a treatment room, pathology room, staff facilities and office and storage. There is a large reception area and waiting room as well as 20 patient car parks and 7 staff car spaces. The lease commenced in 2018 with the first option ending at the end of April 2023 and followed by a further 3 x 5-year option. Rent is currently $9,200 pcm. The landlord has indicated an interest to sell the freehold and any purchase will only follow a successful transaction of the practice.

There are 5 doctors  (2 FTE) doctors currently working 7 days with COVID vaccinations delivered on the weekend. They are supported by experienced reception staff (2.6FTE), nurses (1.2 FTE) and a Practice Manager (0.5 FTE).

• Excellent prominent location

• Strong reputation

• Substantial building with potential for greater utilization

• Male and female doctors
• 7-day operation (COVID Vaccinations on weekends)
• Strong demand and growth potential
• Under Practice Management

Terms of settlement: 10% deposit and balance on settlement

A wonderful opportunity to acquire a well-run and well-established practice in a growth area. Ideal for an owner/operator.

Asking Price: $325,000 + SAV