Medical Practice For Lease in Lakemba, Sydney

Primary Photo of Medical Practice - For Lease in Lakemba, Sydney
Additional Photo of Medical Practice - For Lease in Lakemba, Sydney
Additional Photo of Medical Practice - For Lease in Lakemba, Sydney
Additional Photo of Medical Practice - For Lease in Lakemba, Sydney
Additional Photo of Medical Practice - For Lease in Lakemba, Sydney
Established BB clinic, opened extended hours, for sale in Non DWS suburb of Western Sydney
Medical Practice | Posted

The practice principle is about 60 yrs and works in his practice with a female GP who is doing about 35 hrs per week. The owner will transition for a period of 6-12 months with the new owner, and if the female is required, she'd be delighted to stay on too! The business owner also owns the freehold but is only happy to sell the business and keep the freehold; a long lease will be granted to the new buyer at the rate of $80K pa + GST + on-costs. All patient files are in the computer, and with patients coming in 7 days a week, this is a busy practice. Opening hours are 9am to 10pm, with GPs sometimes working til 11pm with the high patient demand in this location. Medical practitioners are highly regarded by this community and there has never been a safely breach at the practice.

As the suburb is not a DWS location, it still could be an attractive practice for a DWS restricted VR GP as there are so many options to work in the practice; being 4 hrs each week night, Sat afternoon and evening as well as all day Sunday, being just over 40 hrs. In addition, as a result of the 2x units being joined, there is the ability to create an onsite after-hours deputizing clinic at this location with one unit being separately lockable. This would increase the income and profitability of the practice.

Currently there are GPs as well as a dietitian, psychologist, chiropractor, VMO (endocrinologist), diabetic educator, and pathology onsite; making this a one-stop-shop for the residents of this community. There are 5x reception staff, all casual so no staff entitlements. 4 of them work 10-15 hrs per week and one works f/t hours.

Established in 2010, the centre is an AGPAL accredited practice dedicated to providing their patients with the very best of health care services. It is their goal to assist the local community in their health journey, with individually focused, holistic care. They get government incentives of over $3K per quarter for e-health and after hrs level 1 consults. The SWPE no# is 1632, with 2133 whole patient equivalent.

The modern facilities and expert staff can provide patients with a wide range of assistance, including:

General Practice Services
Family Checkups
Weight Reduction
Nutrition
Stop Smoking Counseling
Pap Smears
Pregnancy Tests, Family Planning and Contraception
Heart Checks
Vaccinations and Immunizations
Minor Surgery and Procedures
Sports Medicine
Sleep Studies
ECG
Wound Management
Industrial and Medical Consultations
Skin Checks
Allergy Testing
Workers Compensation
Medicals
The local community has a wide range of additional allied services available including pharmacy, physiotherapy and dental. As a bulk billing practice, they offer bulk billing to all patients holding a valid Medicare card for all Medicare-eligible procedures. This means no out-of-pocket cost for most general consultations. For patients without Medicare, their fees start at $75, dependent upon the procedures required.

The location has ample parking available for patients. With buses running nearby and the train station just around the corner, this practice supports patients from Greenacre, Wiley Park, Bankstown, Campsie, Belmore, Roselands, Belfield, Punchbowl, Strathfield, Homebush and Flemington. People with additional language skills would be well regarded in this practice, including Arabic, Lebanese, Hindi, Sinhala and Bengali.

Site visits to this clinic can take place before work from 8-9am on a Tuesday or Sunday or when the owner finished on a Sunday at 2.00pm. The owner is negotiable WRT the sales price and transition arrangements. Currently seeking $750K ONO.
Type of Offer For Lease
Location 10/12 Bellevue Ave, Lakemba, NSW
DWS Status Not DWS
Remote Classification MM 1 - Major City
No. of Practitioners 2 FTE
No. of Staff 2 FTE
No. of Rooms 4
Floor Area 200 m2

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