Less than 10kms from CBD
Realistically priced at $150,000
Larry Green

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P & S Business Brokers
Suite 10, 981 North Road,

Less than 10kms from CBD

Beauty/Health for sale

Less than 10kms from CBD, VIC

Realistically priced at $150,000

Business Details

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.

Summary »

  • Business Category: Beauty/Health
  • Business Sub Category: Medical Practice
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P & S Business Brokers
Suite 10, 981 North Road,

Phone: 03 9005 0944
Fax: 03 8609 1801

Larry Green
Phone: 9005 0802
Mobile: 0414 824 333

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