Key Features:

• Prime Location: Situated in Canberra, this medical practice spans a spacious 550 sqm.
• Rent: Currently leased at $249,600 per annum, inclusive of all outgoings.
• Lease Terms: Secure tenancy with the lease expiring in June 2026, and three 5-year options potential for new owners to negotiate lease terms with the landlord, to ensure long term security.
• Consultation Rooms: The practice is fully equipped with 8 consultation rooms, ideal for medical consultations and treatments.
• Treatment Room: A 3-bed treatment room is available, providing ample space for a variety of medical procedures.
• Nurse Rooms: There are 2 dedicated nurse rooms to support clinical operations.
• Pathology: An agreement for pathology services is in place until 2027, offering a reliable source of ancillary income.
• Additional Amenities: The facility also includes a staffroom, reception area, and a training room, ensuring a comfortable and professional environment for both staff and patients.
• General Practitioner (FTE): The practice currently has a 0.4 FTE GP, who is willing to increase their hours to 0.6 FTE, offering flexibility to expand patient care.
• Staffing: There are 2 admin/reception staff with a combined 1.8 FTE (Full-Time Equivalent), providing robust administrative support.
• System: The practice uses the Best Practice system, ensuring efficient management of patient records and day-to-day operations.
• Accreditation: The practice is fully accredited, adding value to its reputation and ensuring compliance with healthcare standards.

This well-established practice offers significant potential for growth, with existing staff, a solid patient base, and a reputable infrastructure. The flexibility in lease options and the willingness of the current GP to increase hours make it an attractive proposition for any prospective buyer looking to enter or expand their footprint in the Canberra healthcare market.