Many practices are experiencing a surge of demand now that restrictions in NSW have been lifted. Combined with the government’s $150,000 instant asset write off available until December and extended JobKeeper wage subsidies available in some businesses until March next year, the dental and medical sectors are well placed to thrive over the next 12 to 24 months.
Despite these positive signs for the dental and medical sector, overall availability of quality office and retail space is very favourable with many sectors not fairing so well. Generous lease terms are available in great locations currently and forward looking practitioners may be able to set up a new practice with lower overheads than has previously been possible.
If you are thinking of setting up a dental or medical practice, please contact us to discuss locations and tax effective fitout options.