The second installment of our healthcare practitioner guide.

It’s about you and your patients. Nothing more. Our aim is to find the right property for you so you can practice your way. We work with healthcare practitioners across Australia to find their next healthcare home and to their benefit. Learn more at rxproperty.com.au

STEP 1: Location, location, location

We touched on this in our first edition. And we can’t stress this enough – the location of the property is critical. Look for properties in areas with a strong economy, growing population, and good infrastructure.

We mentioned that an option would be integrating, integrating among other healthcare practitioners providing patients with a healthcare hub. We have found that practitioners, and patients alike, love to refer. This is a simple way to grow your business and to maintain your patient base.

STEP 2: Understand the market

Do your research to understand the current and future demand for commercial real estate in the area. We recommend making contact with a medical property adviser.

STEP 3: Have a solid business plan

Create a business plan that outlines your investment strategy, financing options, and exit strategy.

STEP 4: Analyse the financials

Understand the property’s cash flow, including its rental income and operating expenses. Determine its potential for appreciation and return on investment.

STEP 5: Work with a Good team

Work with experienced professionals such as medical property advisers, architects, lawyers, engineers and accountants who can help you navigate the complex commercial real estate market.

STEP 6: Be patient

Commercial real estate is a long-term investment, so be patient and avoid making hasty decisions.

About Rx Property

Rx Property is a specialist Healthcare Property Brokerage and Medical Commercial Real Estate

Rx Property works with clients across the health sector — doctors, allied health professionals, developers and investors — to deliver tailored real estate solutions that meet the demands of an ever-evolving healthcare landscape.

Learn more: rxproperty.com.au or call 1800 959 836.

Introducing Bryce Stickland, Principal, Rx Property

Bryce Stickland is an award-winning healthcare real estate agent who has spent more than a decade building his combined expertise in healthcare, business development and property sales and leasing.

Having worked closely with surgeons and hospital operators over a number of years as a Territory Manager with one of the world’s leading medical device companies, Bryce understands healthcare delivery and the vital role built environment plays in enhancing the patient journey and achieving optimum health outcomes.

It is this insight, along with his business and real estate expertise, that he brings to solving the specific challenges faced by operators and investors who are buying, selling, and leasing in the healthcare real estate market.

Connect with Bryce:
bryce.stickland@rxproperty.com.au
0459 448 541

Disclaimer: Stickland Realty PTY LTD does not guarantee, warrant or represent that the information contained in this advertising and marketing document is correct. Any interested parties should make their own enquiries as to the accuracy of the information. We exclude all inferred or implied terms, conditions and warranties arising out of this document and any liability for loss or damage arising there from.