Location:
Melbourne - Greater > Victoria
Investment level:
$350,000 + SAV
Type:
Business
Industry:
Health, Beauty & Fitness > Health & Medical
Comprehensive family medical practice with a 13 year track record and significant expansion potential.
This is an opportunity to acquire an accredited, mixed billing general practice that has been trading for more than a decade in one of Melbourne's established inner suburbs. The founding owners plan to spend most of the year travelling. The principal GP will keep consulting at the practice for part of each year after the sale, so the new owner gets a smooth handover.
The practice billed $1.59 million in FY2026, and 62% of that was privately billed, a share that has risen every year. Six GPs work from the practice on tenant doctor service fee arrangements, and a seventh doctor has committed to start in 2027. The patient base is large and loyal, covering young families, professionals, retirees and multicultural communities.
The practice runs from fitted medical premises with main road exposure. It has five consulting rooms, a treatment room, an on-site pathology collection room and full reception and administration areas. Pathology and allied health subleases bring in additional rent, and the practice receives government practice and workforce incentive payments each year.
The consulting rooms currently run at about half their capacity, and there are more doctor enquiries than sessions. That makes the practice well suited to a GP owner-operator taking over the principal's sessions, or to a medical group with doctors ready to place.
*Accredited general practice with $1.59 million in gross billings, 62% privately billed
*Six GPs on service fee arrangements, plus a seventh doctor committed for 2027
*Large, established patient base across a diverse inner Melbourne catchment
*Five consulting rooms, a treatment room and an on-site pathology collection room
*Sublease income from pathology and allied health tenants, plus annual government incentive income
*Secure leases with further option terms
*Room to add sessions and doctors, with strong ongoing doctor enquiry
*Principal GP staying on to consult part of each year after settlement
Get moving on this opportunity, contact Kristy today!
Broker: Kristy Kolaitis
Ref: ME03282
Mobile: 0421 136 415
Email: [email protected]
Ref: ME03282
Timestamp: 20261019120003
All fields are mandatory
Connect with us