This two-surgery practice, which is ideally located in the centre of Adelaide’s CBD, close to Chinatown, has been operating for almost 40 years. There is no key-person dependence, as the vendor doesn’t work in the practice, presenting an opportunity for a dentist to own the practice as an owner-operator or a passive investor. The premises is close to the Adelaide Market Square redevelopment, scheduled to be completed in 2026, which will massively increase pedestrian traffic, with a new office tower, expanded food market space, retail, and residential areas.
Adelaide is the capital city of South Australia, with a population of over 1.7 million. It was designed in a grid system, with five squares in the city centre and a ring of parks, known as the Adelaide Parklands, surrounding it. Education forms an increasingly important part of the city's economy, with the South Australian government and educational institutions attempting to position Adelaide as "Australia's education hub" and marketing it as a "Learning City.