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New Adelaide Gp Clinic, 1x P/t Gp (0.2 Fte), Mmm1. For Sale

Adelaide, South Australia, Australia
Asking Price:
$50,000 ONO
Sales Revenue:
Undisclosed
Cash Flow:
Undisclosed

Price: $50,000 ONO
All offers considered! The vendor is happy to restructure the lease with a shorter term!

newly listed Adelaide GP clinic is currently only open business Monday to Friday to opportunity to significantly grow this business.

This family clinic is currently servicing Adelaide and the surrounding areas, with the provision of the following services:
* Family Medical Care
* Men's and Women's health,
* WorkcoverConsultations,
* Immunisations,
* Travel Health,
* Chronic Disease
* Wound Management

Establishedless than1 1 year owned (Aug 2023), the vendors, like every other practice owner in Australia, can't get Drs. It is a solo GP practice currently, with the practice taking 2x sessions/weekly (0.2 FTE GP).

They had another GP but due to the DPA restrictions on the location, the second doctor left in Jan 2024.

It was a greenfield site so there were no remaining doctors to rely on. It used to be Calvary hospital, but it's now relocated across the room.

The practice is close to a private school and has a university nearby, so there are loads of pedestrians walking past daily!

Why consider this one?
* Lge facility ina health precinct
* 10x CR's
* 2x tx areas
* Pharmacy onsite with lease: $80K/pa
* Path onsite across the hall, subleasing for $100K (if 6 doctors are working, then they will increase the rent to $200K/pa; other doctors send their pts here too, as they are the preferred path provider for the area).
* Optom, specialist centre, sleep clinic, breast screen, plus rehablocated nearby, plus a dentist clinic
* More than $600K spent on the fit-out (Studio 9undertook the interior design)
* Ideal for a nearby practice owner to move their pt base into this space
* Lease is assignable and negotiable
* Reception staff, plus a shared PM and shared nurse currently running the practice
* Next door, a residential-aged care facility is beingbuilt
* Mixed billing practice with online bookings &website
* Allied health providers support patients from this location in podiatry, physiology&audiology

Rent
* Initial MC annual lease: $254,700 plus GST
* Path pays $100K pa + GST; the net rent is now $154,700 pa + GST
* Pharmacy onsite an existing lease pays $80K/pa; -net rent is now $74, 700 pa
* Hearing pays $2K/12 or $24K pa + GST; the total rent for the MC to pay is only $50,700 pa + GST.