18 Ullapool Road, Applecross

Real Estate is pleased to present the opportunity to purchase an established Chiropractic Practice on a high rise development site.
This is a unique opportunity to purchase an established and profitable chiropractic practice located in the affluent riverside suburb of Applecross. The practice has operated under one owner for 32 years, establishing a large database of repeat clientele of all ages. Taking a holistic approach to health and well being, the practice offers onsite x-ray, ultrasound, laser and health supplements. There are 3 treatment rooms, a playroom, reception area, office, x-ray and dark room, plus 6 changerooms and lots of storage.
The current turnover is approximately $700k per annum with two chiropractors operating six days per week. There is plenty of scope to prospect the database and leverage the considerable population growth from the significant development and expansion occurring within the local precinct. The owner is looking towards retirement and happy to negotiate handover and training requirements to ensure a successful transition.
The business is offered for sale with the property, which includes the business premises and a spacious four bedroom home. The practice operates from the original dwelling, which has been renovated to suit and presents a professional commercial façade to Ullapool Road. The home is a completely separate dwelling, which is tidy and well maintained. It has a separate kitchen, two large living areas, four bedrooms, two bathrooms, an outdoor entertainment area, a double carport and a single garage.
The property is located across two strata titled lots totaling 1029m2, which are zoned for mixed use, high density development. The current owner originally obtained permission to operate the practice as a home business and this approval is still in place. Potential buyers will need to make their own enquiries into the possibility of obtaining permission for stand alone medical use.
A unique factor to this opportunity is that this property is available to purchase with the practice and is located within the Canning Bridge Activity Centre mixed use zone, which allows for considerable highrise development in a carefully considered, community-centred development strategy. The Canning Bridge Activity Centre is located on the Swan and Canning Rivers, less than 8km from the Perth CBD, with direct road, rail, walking and cycling access. It is forecast to double in population within 10 years, and attract five times as many residents by 2051. This particular property is located right in the centre of the mixed use zone, on Canning Highway, amidst other existing commercial. Only 150 metres away, there is a brand new Woolworths supermarket and medical centre under construction. The development potential represents considerable opportunity in conjunction with a well established business.
All discussions will be treated confidentially.