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,
* Workcover Consultations,
* Immunisations,
* Travel Health,
* Chronic Disease
* Wound Management
Established less than 1 year ago (Aug 2023), the vendors, like every other practice owner in Australia, can't get Drs. It is a solo GP practice currently, with the doctor undertaking two sessions per week (0.2 FTE GP). They had another GP but due to the DPA restrictions of 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?
* Lrg facility in a health precinct
* 10x CR's
* 2x tx areas
* Pharmacy onsite w/ lease: $80K/pa
* Path (SA path) onsite across the hall, subleasing for $100K (if 6 drs are working, then they will increase the rent to $200K/pa; other Drs send their pts here too as they are the preferred path provider for the area).
* Optom, specialist centre, sleep clinic, breast screen plus rehab located nearby, plus a dentist clinic
* More than $600K spent on the fit-out (Studio 9 undertook the interior design)
* Ideal for a nearby practice owner to move their pt base into this space
* Lease is assignable
* Reception staff, plus a shared PM and shared nurse currently running the practice
* Next door, a residential aged care facility is being built
* 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 with 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 $50,70 pa + GST pa.
Please let me know if you want to chat online with the vendor (who is not in Adelaide) or to schedule a site visit at a mutually convenient time.
