Established & Busy GP Practice with Freehold | Eastern Suburbs Melbourne

An opportunity to acquire an established and exceptionally busy general practice in inner Melbourne (not a DPA location), offered together with the freehold property.

The practice, presently confidentially by specialist healthcare business broker Joseph Lanzer, services a substantial daily patient volume and benefits from an established patient base with over 4000 patients seen in the past 12 months alone. The combination of an operating medical practice and the underlying property provides an attractive opportunity for a GP seeking to acquire an established practice with ownership of the premises.

The business operates from a substantial medical facility with great exposure and ample parking for patients and practitioners. The clinic has more than five consulting and treatment rooms and additional pathology income.

Importantly, the freehold property is available as part of the transaction, allowing the purchaser to acquire both the business and the premises in a single acquisition.

Key Highlights:
Established and exceptionally busy GP practice in inner Melbourne
High daily patient volume
More than five rooms
Additional pathology income
Ample parking
Freehold property included in the offering
Opportunity to acquire both the operating business and the underlying real estate
Prominent Location with lots of passing traffic

Ideal Buyer Profile:
This deal will suit a GP seeking to acquire an established practice with a substantial patient base, together with the security and long-term benefits of owning the premises from which the practice operates. (This opportunity is not suitable for an investor/buyer who needs multiple doctors remaining at the clinic post-sale).

Sale Price: $3,000,000 including freehold

Indicative allocation:
Freehold property: approximately $2,000,000
GP practice business: approximately $1,000,000

Further information is available to qualified parties following execution of a confidentiality agreement.