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Medical Centre With Freehold Property For Sale

Bulleen, Victoria, Australia
Asking Price:
$3,000,000 (AUD)
Turnover:
Undisclosed
Net Profit:
Undisclosed

- Categories: Beauty/Health
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.

Ref: ME03549