Less than 10kms from CBD
Beauty/Health for sale
Medical Centre and Premises for Sale - Inner East
Inner East – Less than 10kms from CBD
Riversdale Road, Surrey Hills/Camberwell.
Ideally suited as a two-doctor practice.
This is a long-established practice situated in a well-maintained older building.
The premises are owned by the principal’s Superannuation Fund and consist of two consulting rooms, staff facilities, reception and waiting room on the ground floor. There are a further two rooms and bathroom on the first floor suitable as a residence or extra consulting rooms. The practice is located adjacent to a Chiropractor and a Pharmacy/Post Office and is part of a small shopping strip. In an adjacent street (Through Road), are a number of popular cafes.
Originally a two Doctor, and now a single Doctor Practice, up to 150 patients are seen per week, mainly bulk-billed. Patient demographics are broad – young children/families to aged pensioners. There are no appointments, with patients happy to wait to see the doctor. The practice is open 4½ days during the week and ½ day Saturday.
The practice is serviced by trams and the nearest railway station is at Riversdale, approximately 2.5 kms from the clinic. Parking is on-street (Riversdale Road and side streets - a Council car park is located diagonally opposite). Due to the age of the practice there is no permit in place. An 81-unit (1 and 2 bedrooms) retirement village has been approved and will soon begin construction less than 100 metres from the practice.
The premises are for sale and represent a wonderful investment opportunity. The size of the block would allow for significant redevelopment (STCA). It would be permissible to construct a three-storey building with underground parking due to the conditions of the block. In the short-term the building would benefit from some minor refurbishment.
The practice is most realistically priced at $150,000.
For further information and a Confidentiality Agreement please email Click to email quoting LG16569.
- Business Category: Beauty/Health
- Business Sub Category: Medical Practice