Medical practice for sale, Melbourne VIC
Photos: LINK Business Brokers
About the business
A general practice medical clinic in Balwyn North, Melbourne. It opened in Nov 2016. It has 2 full-time equivalent GPs working at the practice. Appointments are available 6 days a week. The current patient base is 1850 patients. Services cover general health, immunisation, chronic disease, diabetes, asthma and pap smear. The practice is 200 metres squared, with 4 consulting rooms, a treatment room, kitchen, two reception areas and a pathology room. A 10-year lease is in place, with another 9 years to go and 3x3x3x1 year options available. The sale includes fitout and some equipment, plant and equipment and consumables, with no goodwill included. The reason given for the sale is that the owner is selling due to sickness. The broker reports the buyer needs to bring in practice management experience or someone to fill the practice manager role.
Financing calculator
An estimate, not a loan offer. Change the numbers to see what buying this business would take in cash and what the repayments would be each month.
Asking price$285,000
Paid by
Your cash$85,500
Secured loan, 7 years at 6.98%$199,500
Each month
Loan repayment$3,010
Repayments each month
$3,010
Over 7 years you repay $252,759, of which $53,259 is interest.
Secured on property: the RBA's average for small business new loans secured on residential property, August 2026. Lenders set their own rates and terms, and this leaves out stamp duty and fees. Source: Reserve Bank of Australia 2026.
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