South Yarra, Victoria 3141
$820,000 + SAV
Key Features
AI generated. Contact seller to confirm.
- Eight consulting rooms, including pathology and treatment room
- Six doctors supported by receptionists and a full-time nurse
- Lift access for non-ambulant patients
- QPA accredited until 5 April 2026
- Vibrant, iconic inner south-east Melbourne location
- Room to grow with two additional doctors joining
- Net Profit: $200,000 adjusted net profit
- Rent/Lease: Approximately $160,000 rent; 13 years remain on the lease
- Established: In operation for six years
Business Details
Business Category Medical
Business ID: XB159421
Mixed Billing - Adj Net Profit $200,000
Part of a medium-sized group, this mixed-billing practice has been in operation for six years in a vibrant inner Southeastern suburb. The split-level premises consist of 8 consulting rooms (Including pathology, a treatment room, a reception and waiting room, and one undercover car space).
There is a lift for non-ambulant patients to move from reception to the consulting rooms. 13 years remain on the lease (rent $160,000 approx). 6 doctors (2.8 FTE) have been working across 5 days (Saturdays open on availability of doctors) with two additional doctors joining shortly.
They are supported by two part-time receptionists and a full-time nurse. Payroll/bookkeeping is centralized. The practice is accredited by QPA with an expiry date of 5 April 2026. It receives incentive payments. Owner selling as part of a rationalisation strategy.
- Vibrant, iconic location
- Mixed billing
- Long term lease
- Two additional doctors have joined
- Attractive premises with room to grow
Terms of settlement:
10% deposit to be paid on signing of an unconditional contract, balance on settlement.
Rare opportunity to acquire an established practice with further opportunities to expand. Ideal for an experienced operator.
Asking Price: $820,000 + SAV
Property Code: 4133
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