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DPA status 'YES' on 1 July 2020 | 35kms South Of Adelaide!

$89,000 Or nearest offer/Negotiable

Adelaide, South Australia

DPA status 'YES' on 1 July 2020 | 35kms South Of Adelaide!

Seaford Heights Medical complex is a brand-new development, easily accessed from the Southern Expressway. Currently staffed with 3x part time lady GP's (1.1x FTE) on contract, there is still 4x DWS exempted provider numbers active for this practice which might allow 19AB restricted drs to get a provider number to work in this practice. In addition, a F/T male GP will commence by Aug 2020 (if flights are back to normal) once he relocates to South Australia; which takes the total to 2.6X FTE. The freehold is owned by a commercial landlord, so it is the GP business and the lease that is up for sale currently. There is a lease in place so it can be transferred to the new business owner and there is capacity for a rent-free period at the commencement of the new clinicians. Rent would be $110K ++ and is negotiable. Discounts of up to 25% to 30% are available as incentives so the rent becomes more like $80k. The landlords would rather leave the lease as is and give whatever incentive is necessary in a side deed than reduce the face rent. Pathology onsite will offset this cost in the future when the GP numbers exceed 2x FTE; as does the income from the bulk billed psychologist who consults from the clinic 2-3 days per week at the rate of $125 per day. 

In a shopping precinct, surrounded by a pharmacy, a physio and a gym, there is ample free car parking for staff and patients alike. There is bulk billing available at this fully computerised clinic, with best practice software for patient management and online bookings. There is a nurse supporting the drs, and site visits can be scheduled at any time as mutually agreed. The current staff know that the owner of the freehold is looking for a new business owner, so less need for discretion and out of hours bookings. 

The fittings and fixtures are currently owned by the freehold owner and can be assigned to the incoming business owner if required for depreciation purposes. There are 6x CRs, a 2x bed tx rm, and a path room. As the business is quite new, it is not yet accredited, but all ramps and wheelchair access/electronic beds are all in place ready for the upcoming audit, so this should happen soon as a matter of course. 

The ask price for this business - $89K  - doesn't even cover the build cost so let's start talking if this location on the coast of SA to the south of Adelaide is of interest! One of the owners (not based in the clinic) is remotely managing the business. She is also happy to give a long handover if her expertise is of value to anyone. She has a good relationship with everyone, and as a long time Adelaide business professional, will ensure that you are introduced that everyone you need to know to hit the ground running! 

To inquire on this business visit www.linkbusiness.com.au/NSW09364​ and click on "enquire now"
For full details contact Sally Stuart sally.stuart@linkbusiness.com.au or on 0437 082 045! Ref: #NSW09364​
Note: The purchaser to make his/her own investigations and inquiries in relation to the business and not to rely upon warranty or statement made by the vendor or by anyone on his/her behalf.
Ref: NSW09364
Timestamp: 20200707030021

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Last updated: 7th July 2020

Summary

Property Type
Business
Contract Type
For Sale
Location
 Adelaide
State
 South Australia
Price
$89,000 Or nearest offer/Negotiable
Category
  • Medical

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