Under Offer - Modern Attractive General Practice – Inner South East Melbourne
South Yarra, Victoria 3141
Under Contract / Offer
Key Features
AI generated. Contact seller to confirm.
- Vibrant iconic inner Southeast Melbourne location
- Mixed billing practice with incentive payments
- Long term lease remaining 13 years
- Eight consulting rooms plus pathology and treatment room
- QPA accredited until 5 April 2026
- Six doctors (2.8 FTE) with growth potential
- Turnover: Not disclosed
- Net Profit: $200,000
- Rent/Lease: $160,000 approx
- Stock Value: Included
- Established: 6 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
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
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.