Sydney W. GP + Allied clinic. Clinicians staying!

Serious vendor encourages offers to settle ASAP!

Recognised as a Medical & Dental Centre, the vendor is selling the medical (WorkCover) + allied health practice ONLY.  The dental, pathology + pharmacy components of the business will not be sold. They are separate business entities & rent directly from the landlord. 

Only 25kms from Sydney CBD, this practice is a state of the art clinic with GPs who service the wider Western Sydney area.

Offering online appointments, this primarily BB practice is well positioned to thrive under the right practice ownership.

• 4x GPs (3x FTE's) are experts in WorkCover, Mental health, Women's health & Skin treatments
• All GPs are on 75%
• Director is a dentist, wkg 3-4 part days/wk as a PM + a family member does accounts 2 days/wk (No wages drawn by either, only trust distribution)
• Physio 60%, Dietitian 75%, Psychologist 70%, Chiropractor 60% (the main referrals go to the physio, chiro & Psych as they are the main work cover referral basis & work off the SIRA rates which are significantly higher than basic medicare rates)
• x2 VA's support the WorkCover and use Cubiko
• Use Trello, Surgical partners +MyPracticeAp for the pts

Open floor plan incl:

• 7 CR's
• Path rm (income goes to the landlord – non negotiable)
• Kitchen
• Bathroom
• Reception + waiting

The following are included:

1. New phones lines, system or PCB
2. New ethernet
3. NBN connection
4. 4g back up
5. IT company to manage services ($1500/month) doing remote & in-person work
6. BP data base

Everything has been set up taking no shortcuts. The fit out is lovely, the equipment is exceptional & a functional floor plan makes this a desirable practice to acquire.

There are 10 visitor parking bays and 6 doctors bays.

The lease for $140K + GST plus CPI + 1% each year increase + a 5 yrx5 yr x5 yr option with a market review at 10 yrs – costs of creating the new lease would be borne by the buyer. Alternatively, the rent will be $160K plus GST inclusive of all outgoings. One month rent free to get settled.

This would be an ideal opportunity for a motivated medical professional or great acquisition for an experienced investor. Site visits week nights after closing or on a weekend after 5pm.

• Broker: Sally Stuart
• E: [email protected]

Details of this business are confidential & disclosure is subject to completing a CA. Purchasers are required to make their own inquiries in order to verify the info provided.

Ref: NSW11230