Less than 10kms from CBD
Realistically priced at $165,000
Larry Green

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P & S Business Brokers
Suite 10, 981 North Road,
MURRUMBEENA, VIC 3163

Less than 10kms from CBD

Beauty/Health for sale

Less than 10kms from CBD, VIC

Realistically priced at $165,000

Business Details

Medical Centre and Premises for Sale - Inner East

Inner East – Less than 10kms from CBD
Ideal two-hander – suit husband and wife team
This practice has been in the current owner’s hands for 40 years in a building that was built over 80 years ago. The premises are owned by the principal’s Superannuation Fund and consist of 2 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.
Originally a two Dr, and now a single Dr 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 and side streets). 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). In the short term the building would benefit from some refurbishment.
The practice is most realistically priced at $165,000.
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,
MURRUMBEENA, VIC 3163

Phone: 03 9005 0944
Fax: 03 8609 1801

Larry Green
Phone: 9005 0802
Mobile: 0414 824 333

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