Long-established General Practice – Inner Melbourne

An exceptional opportunity to acquire a long-established, profitable general medical practice in an affluent inner-Melbourne location. The practice has served its local community for generations and benefits from an established patient base, strong reputation and experienced clinical and administrative team. The premises are well located with convenient public transport and comprise three consulting rooms, a treatment room, reception, two waiting areas and an office, together with rear parking.

The practice is AGPAL accredited, operates with Best Practice software and has benefited from recent investment in computers, servers and medical equipment. A long-term and attractive lease is in place. There are 5 part-time doctors, part-time registered nurses and experienced reception staff.

• Long-established practice with a substantial recurring patient base
• Experienced GP, nursing and reception team
• Attractive inner-Melbourne catchment with an affluent professional demographic
• Secure premises with two further five-year lease options
• Significant growth potential through additional doctors and allied health services, extended hours and improved digital marketing

Terms of settlement: 10% deposit to be paid on the signing of a Section 52. Balance at settlement.

The practice is offered for sale due to the owner’s retirement, with an appropriate handover available to assist the incoming purchaser. The opportunity should appeal to an established medical group seeking an additional location, an existing practitioner wanting ownership of a substantial practice, or an investor/operator seeking a well-established healthcare business with further growth potential.

Asking Price: $370,000 + SAV