NOW SOLD: LG17590: Medical and Dental Practice - Outer Bayside Location

$2 Million

Outer Bayside Location


  • $2 Million
  • Medical Practice , Health/Naturopathy
  • Date Available: 22/6/17


LG17590: Medical and Dental Practice – Outer Bayside Location

Practice Only

This Medical and Dental practice began in September 2015 and has grown significantly since then. The practice is located in a building that was purpose-designed and fitted out by the owner at considerable cost. The building is leased with an initial period of 10 years and a further 2 x 5 year options. It is currently in a DWS designated area.

The building is on two levels with the ground floor reserved for parking and an area that could be used as a café in the future. The upper floor comprises 7 consulting rooms, a treatment room, two offices, reception and waiting area.

There are currently 5 doctors who are supported by 4 full-time administration/reception staff and a full time nurse. The practice operates 7 days for both medical and dental with one dentist working during the week and a second dentist providing weekend support. The practice is 65% bulk-billing with plans to move to a mixed billing model. Pathology collects specimens and the practice is well-serviced by Radiology clinics in the area.

Price expectation: $2 million plus.

The owner is reluctantly selling to concentrate on other business interests.

For further information and to obtain a Confidentiality Agreement please email quoting LG17590.


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