Medical Centre With Freehold Property
Bulleen, Victoria 3105
$2,600,000
Key Features
AI generated. Contact seller to confirm.
- Freehold property included with accredited medical practice
- AGPAL accreditation under RACGP 5th edition standards
- Fully assembled clinical and administrative team
- Seven consulting rooms
- On-site pathology sub-tenant provides additional rental income
- Loyal patient base and strong local reputation
- Turnover: $668,307 (service fees plus PIP, WIP and GPACI incentives)
- Net Profit: $SDE $155,975; Gross Profit $668,307
- Rent/Lease: On-site pathology sub-tenant contributes $8,042.78 per month; lease through to 2027 with a five-year option
- Established: Operated continuously for over two decades
Business Details
Business Category Medical
Now ready for a new operator, this general practice is a rare package including an accredited business, a well-positioned property, a fully assembled clinical team and additional rental income.
The practice has operated continuously for over two decades, building a loyal patient base and a strong reputation within its local community. It holds AGPAL accreditation under the RACGP 5th edition standards, reflecting a consistent commitment to clinical and operational best practice.
Notably, a full clinical and administrative team is already in place, supporting continuity through any change of ownership.
*Revenue $668,307 (service fees plus PIP, WIP and GPACI incentives)
*Gross Profit $668,307
*SDE $155,975
*P&E $30,000
*Bulk billing represents 91.51% billing mix
*7 consulting rooms
*On-site pathology sub-tenant contributing $8,042.78 per month; lease through to 2027 with a five-year option
*5 GPs in total, equivalent to 3 FTE; 1 registered nurse, 1 practice manager and 5 reception staff; ready to support transition
This practice represents a solid opportunity for immediate income and future growth - contact Kristy to learn more!
Business Broker: Kristy Kolaitis
Ref: ME03549
Mobile: XXXXXXXXXX
Email: XXXXXXXXXX
Ref: ME03549
Timestamp: XXXXXXXXXX 3003
The practice has operated continuously for over two decades, building a loyal patient base and a strong reputation within its local community. It holds AGPAL accreditation under the RACGP 5th edition standards, reflecting a consistent commitment to clinical and operational best practice.
Notably, a full clinical and administrative team is already in place, supporting continuity through any change of ownership.
*Revenue $668,307 (service fees plus PIP, WIP and GPACI incentives)
*Gross Profit $668,307
*SDE $155,975
*P&E $30,000
*Bulk billing represents 91.51% billing mix
*7 consulting rooms
*On-site pathology sub-tenant contributing $8,042.78 per month; lease through to 2027 with a five-year option
*5 GPs in total, equivalent to 3 FTE; 1 registered nurse, 1 practice manager and 5 reception staff; ready to support transition
This practice represents a solid opportunity for immediate income and future growth - contact Kristy to learn more!
Business Broker: Kristy Kolaitis
Ref: ME03549
Mobile: XXXXXXXXXX
Email: XXXXXXXXXX
Ref: ME03549
Timestamp: XXXXXXXXXX 3003
What's Nearby
Nearby Locations
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This business is somewhat unique and has no similar competition in this region, category or price bracket.