Medical practice for sale, Melbourne VIC
Photos: LINK Business Brokers
About the business
A mixed billing GP clinic in Melbourne, Victoria. It has 5 GPs: 1 full-time, 2 part-time and 2 locum, with approx 3.5 FTE GPs remaining. A full-time RN works 38 hrs a week, and the practice manager is full-time and also covers admin. The GP principal has led the team, who are all on a contract, since 2016. It trades Monday, Wednesday, Thursday and Friday from 9:30am to 5:30pm, and Tuesday from 9am to 3:30pm. There are 9 years remaining on the 3x3x3 year lease, which can be transferred. A second DPA position is available and can be transferred. There is room for 4 full-time GPs. The broker reports that the permit was completed 40 years ago, so there are no restrictions on the number of doctors who can work there.
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$592,000
Paid by
Your cash$177,600
Secured loan, 7 years at 6.98%$414,400
Each month
Loan repayment$6,250
Repayments each month
$6,250
Over 7 years you repay $525,030, of which $110,630 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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