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Here's a few frequently asked questions to get to know us better.

A Practice Build Loan is a type of medical construction loan designed specifically for healthcare professionals to fund the building of a new practice premises or an extension to the existing premises. It covers the full journey — commercial property purchase, construction and fitout.

Yes, eligible doctors, dentists, and vets can access up to 100% finance with Credabl's Practice Build Loan. This includes commercial property, construction, and fitout funding.

A medical construction loan funds the building of a new practice from scratch, while a practice purchase loan helps you buy an existing clinic. Construction loans include staged payments and may involve facilities for builder payments.

The cost to build a medical or dental practice typically ranges from $3,000 to $8,000 per square metre depending on your desired fitout and compliance level:

Entry-level: ~$3,000/sqm
Mid-tier: ~$5,000/sqm
Premium: ~$8,000/sqm

Yes, you can include energy-efficient upgrades like triple glazing, solar panels, and battery systems. These may qualify for Credabl's Green Loan incentive if included in your design phase.

Agencies with their market knowledge and extensive networks can provide valuable assistance in the search for medical practices for sale in Victoria. They can offer insights into potential practices that align with your budget and specific requirements, taking into account various factors like the location, size and specialty of the practice. Additionally, they can facilitate negotiations, ensuring that all legal and regulatory requirements are met seamlessly. Their knowledge and connections can make the complex process of purchasing a medical practice much more manageable. Alongside their services, we at Credabl can provide substantial financial support. Our bespoke loans, designed with medical professionals in mind, simplify the financing aspect of the purchase process. With the combined efforts of an experienced agency and our tailored financing solutions, you can navigate the path to owning a medical practice in Victoria with confidence.

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