Kumon Education, 10 Maksi Way,
Cranbourne North, VIC 3977

Shops & Retail • Offices • Medical & Consulting

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Map of Kumon Education, 10 Maksi Way

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Global Giant Kumon Education Centre

Modern 124 sqm corner premises
5 year lease plus options to 2028
3% annual increases

5 year lease to January 2023 plus 5 year option to 2028.
Kumon Education, Established 1958 with 4.25 million student enrolments across 50 countries worldwide.
Tenant pays all outgoings.
2017 constructed 124 sqm premises with dual retail frontage commanding great street presence and exposure.
Positioned centrally within one of Melbourne’s most rapidly expanding corridors & surrounded by national tenants.
Ample car parking and excellent vehicle access with great street visibility.
Annual fixed 3% rent increases ensuring rental growth Targeted tenant specific demographic. Forecast age structure 5 to 9 (years) was 19,157 in 2011, set to grow to 29,607 by 2026.
Net Income: $29,870 pa + GST

Auction 11am AEST Wednesday 7 August 2019
River Room, Crown Casino, Melbourne

Cranbourne North, 3977 demographic data

The median household income for Cranbourne North is $1,941, 2% higher than Greater Melbourne's household income of $1,901. Cranbourne North has a younger age profile compared to the rest of Greater Melbourne (median age 32 vs 37). Property ownership data shows 77% of property owners in Cranbourne North have a mortgage.

24,683

Population

$1,941 per week

Median household income

32 years

Median age

Owners

Most residents

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Most households

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