Medical Practice in Newcastle (in Administration) offering multiple opportunitie

Open a new Medical Practice in a tightly held demographic or a second Practice to compliment an existing business in an established 278 sqm medical facility, ready for an immediate start, with high-end fit-out and equipment in place, with room for growth.

AT A GLANCE

• Expressions of Interest sales campaign, closing 21 August 2026
• 7-year lease expires 11 November 2031, with 2 x 5-year options - take over or re-negotiate
• Take over and adapt the existing website https://alikehealth.com.au
• Located at Level 1, 199 Corlette Street, The Junction NSW 2291

Includes:
• 2 x consultation rooms
• 2 x procedure rooms
• 1 x physiotherapy gym room
• 3 x Private office spaces
• 3 x shared pod spaces
• Large meeting area with functional kitchen
• Storage room
• Outdoor patio
• Reception and waiting area
• Private bathrooms
• Acquire the Fit-out and Equipment

WHY THIS BUSINESS STANDS OUT

Well located Medical Practices with state-of-the-art fit-out and equipment rarely come to market through administration. This presents various potential opportunities to buyers – either in rapidly setting up a new or second medical practice or acquiring the high-end shop-fit and equipment at below cost.

THE OPPORTUNITY

This opportunity would ideally suit:

• an existing practitioner seeking expansion into larger premises, or a second (additional), or access new demographic or geographic expansion
• First-time Practitioners ready to go, and keen to open their own practice
• Practitioners hoping to avoid the delay and effort required in designing and setting up a professionally designed new practice

FINANCIAL SNAPSHOT

• 7-year lease commenced 11 November 2024; with two 5-year options
• Annual escalation 3.3%
• Current Rental Bond approximately $36 487.50
• Monthly Rent including Outgoings approximately - $14 460 + GST
• Next annual review date 12 November 2026
• Book value of Fit-out and Equipment $1

• Website – your hosting and adaptation fee could be the only cost
• Sale process is an Expressions of Interest sales campaign with a 21 August 2026 deadline.

SUMMARY

This Medical Practice which recently ceased trading could be resurrected with minimum effort, since the high-end fit-out and related equipment, together with a website are in place ready to go. A Practice professionally designed and set up, with numerous facilitation rooms, positioned within the tightly held Junction precinct, offers genuine upside through expansion. Alternatively, the fit-out and equipment could be acquired and relocated.

Expressions of Interest closes 5.00pm 21 August 2026. Submit E.O.I. to Bruce Coudrey at

For further information, including a Confidential Information Memorandum, contact the exclusive broker today.

Enquiries will be handled in strict confidence.

Reference Number: BUS6579

For more details, please email broker or call agents.