Medical Practice For Sale in Melbourne

Business ID BS141263

Perfect location in rapidly developing suburb - $275,000 includes fit out. Owners will assist with fit out costs and rent relief

This practice is in the final stages of construction with a fit out designed and constructed by Interite. It comprises four consulting rooms, treatment room and pathology room. The practice is located on the ground floor of the ONLY Flemington building, a landmark at the corner of Ascot Vale, Epsom and Racecourse Roads.

The building has 425 2 BR apartments and includes 90 Quest apartments. There are another 90 rooms at the Quest apartments at the corner of Epsom and Smithfield Roads, a short distance away. All the apartments have a high occupancy rate due to their proximity to Flemington Racecourse, Royal Melbourne Showgrounds and access to the inner northern suburbs and the Melbourne CBD. Another major development of 300 apartments is being constructed immediately opposite. The ground floor is also occupied by a new restaurant/bar, the Quest reception and a convenience store. The immediate suburbs are high-density, rapidly developing residential catchment areas.

The Medical Centre is well-serviced by tram, bus (stop outside the practice entrance) and is within walking distance of two railway stations. Allied health services are close by and the Royal Melbourne, Peter McCallum and Royal Women’s Hospitals are all with a short drive, bus or tram ride away.

BUSINESS HIGHLIGHTS

• Brand new building with superb amenities
• Perfect location close to Flemington Racecourse, Showgrounds and café strip
• Opportunity to create own aesthetic and culture
• Rent and lease will be negotiated to suit tenant
• "Captive patient cohort" in building above and in immediate vicinity
• Contribution to fit out and rent relief

Terms of settlement: 10% deposit on signing of Contract and remainder on settlement

Perfect opportunity to set your own standards and grow in quality location and premises. Ideal satellite practice for existing group.

Asking Price: $275,000 includes fit out

More details will be provided upon completing a Confidentiality Agreement.

Type of Offer	For Sale
Location	Melbourne - Melbourne CBD