Melb. GP Practice to Lease or Buy the RE!

Alas, COVID….you've done it again! Another business owner's hand has been forced at your impact. However, one person's misfortune is another's opportunity! 

W/ business & building owners in Sydney, they are not able to give this clinic their undivided attention & must sell. W/ 216m2 this clinic is currently set up as 2x consulting rms, a path rm & a co-located treatment rm. 4-Cyte path was paying $1,666/month (or $20K pa + GST) w/ a current lease 'til June 2023. A new lease should the incoming clinic operator wish to lease would be $50K pa ++ (non-negotiable), less the path income, so only about $30K + GST & outgoings pa once you reopen the doors!

The previous GP was offering GP, minor procedural work & aesthetic services for his pts. Clinic was open Mon to Fri 9am to 5pm so plenty of scope to grow this business. W/ 2x car parks at the front & 4x car parks at the rear of the building for the team to use, pts can also take advantage of public transport to get to this practice w/ trams running straight past the front door.

The space next door to this practice is being run as a pediatric speech therapy & physiotherapy business, supporting NDIS clients, so potentially, many of your new pts will be co-located & used to visiting this location for medical support. It is nearby a massive compounding chemist which would be ideal for pt-centric services.  

Services include but were not ltd to:

• Mental Health
• General Health Assessments
• Men’s, Women’s & Children’s Health
• Minor Surgical Procedures
• Telehealth
• Flu Shots
• Prescriptions & Referrals
• Test Results
• Heart health + Cardiac Assessment
• Path
• CDM
• Home Visits
• Immunisations & Vaccinations

The building was recently valued at $1.3M & the solo practice would be for lease at $50K ONO plus GST + on-costs. Should an operator wish to lease this space instead of buying the building, that is also an option as the vendors are willing to provide you with a long -term lease. 

Site visits will be carried out as mutually agreed, during either business or after hrs.

Broker: Sally Stuart
M: 0437 082 045
E: [email protected]

To enquire on this business visit https://linkbusiness.com.au/businesses-for-sale/listing-enquiry/?listingid=ecc15e9c-cbb8-4852-858a-6429ae30e386 & click on "enquire now"

Note that some details of the business for sale are confidential and disclosure is subject to completing a Confidentiality Agreement and the discretion of the broker.