3x Dr practice | 5.5 hrs WNW from Brisbane | DPA + MM4 (Building also for sale)
Seeking $740,000 for the building and $600,000 ONO for the business
Located in the centre of a rich pastoral and wheat-growing district, overseas trained doctors are eligible to work in this location and get into a 3GA training role here whilst they work towards fellowship using the PEP in this long-time established practice. Home to the largest store cattle sale yards in the Southern Hemisphere…this location is not for the faint hearted!
GP’s in regional locations such as this might be assisting patients with a range of treatment that city GP’s would never experience! As the well known quote goes: “With great risk comes great reward.” – Thomas Jefferson. Locum Drs here gets 65% plus a car and a house. Currently, there is a husband and wife team working as well as the owner. The wife is about to go to level 2 supervision and the husband is writing Fellowship exams this year. They are both keen to remain at this clinic as they each have a 5 year contract and have 3 + 4 years each to serve at this practice. Their children are entering University in Brisbane in 2021 and the GPs have committed to remaining in this township for the duration of their contracts.
The principle GP will hand over with a 6 month transition and may continue to fill locums roles or cone in for a day or two a week post transition if mutually agreed. He has been at the clinic for 45 yrs and treats 3x generations of patients from this centre; being the only bulk billed clinic in town. With gross billings at about $1.8M for 2020, there is still growth opportunities for a Fellow of the College to bring to this practice. As a traditional country practice, there is pathology onsite ($3,200 rent per month), plus a practice nurse and mental health nurse to provide extended patient services including care plans for CDM patients.
This practice is pandemic proof and recession proof; as one of only 2 clinics for this regional township (popln 8000). The clinic is accredited until Aug 2022, uses Medical Director and Prac Soft, and would be ideal for a VR GP to buy whose intention it was to work in the practice as that person could then assist with the mentoring and supervision requirements of the current GPs.
Opening & Closing Hours
Mon to Fri 5:00 AM – 6:00 PM
Saturday 6:30 AM – 10:30 PM
Conditions Family Planning Advice Injuries Headaches & Migraines Pain and Other Conditions Bites and Stings Stomach and Digestive Problems Viral Infection High Cholesterol Preventive Medicine Weight Loss Procedures/Treatments CT Scans Faecal Occult Blood Test X-Rays Allergy Testing Insect Bites Acute Disease Measles and Blood-Borne Illnesses Stress Management Measles Blood Sugar Level Ultrasound or MRI Heavy Metal Detoxification Faecal Occult Blood Test X-Rays Lung Function Tests Lung Function Tests Pain Management Salmonella Blood Pressure Communicable Disease Infectious Disease Hepatitis A Screening Detailed Stool Analysis CT Scans Electrocardiogram (ECG) Gynecological Examination Ultrasound or MRI Urinalysis.
The building is also for sale at valuation being $740K. Should the business purchaser not wish to buy the freehold, then the rent would be also as per the valuation report at $75K pa + GST + on-costs. A long term lease would be offered to the new tenant.
Sally Stuart is assisting in this sale.
Contact: 0437 082 045 + email@example.com
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