EP 120: Turn Your Practice Space into a Profit Machine – With Andrew Deane
Episode Summary:
In this episode of Practice Growth HQ, I speak with Andrew Deane about maximising the value of your healthcare real estate.
Andrew Deane has been a leader in medical, allied health, and retail property for over three decades. He specialises in developing, leasing, and managing properties to help medical professionals and investors across Australia maximise their assets for long-term success.
In this episode, Andrew shares his top tips for avoiding headaches and maximising your ROI. Whether you’re renting or owning your practice space, Andrew’s insights will help you turn your property into a profitable asset.
If you’re ready to take your real estate game to the next level, you can’t miss this episode!
What you’ll learn:
- (01:01) Andrew’s deep dive into property management.
- (03:18) Why owning your practice space is a total game-changer.
- (05:34) How to get the most ROI from your healthcare real estate.
- (07:29) The ups and downs of multi-tenant properties.
- (12:26) Common headaches when outsourcing property management.
- (14:49) Breaking down strata in commercial properties.
- (16:28) Key lease elements you can’t ignore.
- (19:22) Should you self-manage or outsource?
- (22:00) Why smart money and planning matter in property management.
- (27:12) Steps to becoming your own landlord.
- (29:32) What returns to expect from investing in healthcare real estate.
- Plus loads more!
Links and Resources:
Website: https://healthspaceproperty.com.au/
