22/03/2024 | ID: 25343

Sydney- Inner West Practice & Property Sale

Long established family practice with principal looking for a succession plan.

Inner West Sydney location in close proximity to Strathfield , private schools, major shops and restaurants. Top main road , shop front position with security undercover parking  for doctors.

Modern , large fully equipped 2 CRs, TR, waiting room/reception area, staff/coffee room and toilet. AGPAL Accredited to 1st Nov 2026. MD and Pracsoft fully computerised and paperless.

Principal and 3  other well established GP contractors, contributing some 1.6 FTE GPs.


1.Huge potential to expand increasing annual revenue in excess of what is currently experienced.
2.Excellent main road location, shopping precent, commercial site.
3.Easier to recruit G.P.s for this Sydney location, a lifestyle change, seeing quite a lot of doctor migration, from rural and interstate, over the last few years.
4.Very affordable buy considering it would take at least the asking price if not more, to establish, fit out and equip a medical centre of this quality and size.
5.Potential to expand hours and into Saturday/Sunday sessions to significantly increase gross billings. Commercial site so no restrictions.
6.Introduction of specialised clinics such as skin cancer, cosmetic medicine would increase the income.
7.High socio-economic location/area exempt from necessity from Medicare dependence. As already 45% private billing.
8.Requires minimal house or nursing home visits , from the new owner.
EOI  and  NCA  request directed to Chris Babich on 0416 132 366 or email chris – Australian Babich Medicos- Leaders in Practice Sales, Valuations and GP Recruitment.

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