Retail for Sale

637 Warrigal Road Chadstone, VIC 3148

Auction | Onsite & OnlineFloorplan
  • Building: 102m²
  • Land: 167m²

Auction details

  • Auction
    23April11:00am
    11:00am
    On Site

Auction location: On Site

Contact the agent if you'd like further information.

Enquire with Agent

Retail for Sale in Chadstone

High Exposure Retail Freehold in Tightly Held Holmesglen Strip

  • Building: 102m²
  • Land: 167m²

RWC (Oakleigh) is pleased to offer 637 Warrigal Road, Chadstone for Sale via Public Auction on Thursday 23 April at 11:00am, On-site and Online.

Positioned within a tightly held retail strip, this well-located freehold presents an outstanding opportunity for investors and owner occupiers seeking exposure, strong surrounding amenity and long-term growth potential. The property comprises a building area of 102m²* on a landholding of 167m²* and is currently occupied by the long-established Holmesglen Post Office.

The tenant is presently operating on a month-to-month lease, providing flexibility and a unique opportunity for both investors seeking immediate income and owner occupiers looking to secure a prime retail position in this highly sought-after precinct.

Importantly, the current rental is considered below market, presenting a potential value-add opportunity for incoming purchasers. Recent comparable leases within the same retail strip include 647 Warrigal Road, which leased for $50,000 per annum net, and 623 Warrigal Road, which leased for $47,000 per annum net, demonstrating the strong rental demand within this location.

Retail properties within this established strip are rarely offered to the market. Surrounded by a vibrant mix of food operators, service-based retailers and complementary businesses, the property benefits from consistent local trade and strong patronage from both residents and students.

A major feature of the location is its immediate proximity to Holmesglen TAFE, one of Victoria's largest vocational education providers, attracting a substantial student population and daily activity to the precinct. The property is also located only a short distance from the iconic Chadstone Shopping Centre, the largest shopping centre in Australia and one of the largest in the Southern Hemisphere, further strengthening the area's retail and commercial appeal.

Connectivity is excellent, with the property enjoying prominent frontage to Warrigal Road, one of Melbourne's key north-south arterial roads. The property also benefits from convenient access to the Monash (M1) Freeway, located only a short drive away, providing efficient connectivity to the broader metropolitan road network.

Public transport is also well catered for, with Holmesglen Train Station on the Glen Waverley line located nearby, providing direct access to the Melbourne CBD. Several bus services also operate along Warrigal Road and surrounding streets, further enhancing accessibility for staff, students and customers.

Located approximately 17 km south-east of the Melbourne CBD*, the property sits within a well-established commercial corridor servicing the surrounding suburbs of Chadstone, Ashwood, Malvern East and Mount Waverley.

This is a rare opportunity to secure a freehold retail asset in a tightly held and highly visible location with strong surrounding infrastructure and long-term underlying demand.

Property Highlights:

  • Building area | 102m²*
  • Land area | 167m²*
  • Long term tenant
  • Month-to-month tenancy
  • Positioned within a tightly held retail strip
  • Located opposite Holmesglen TAFE
  • Moments from Chadstone Shopping Centre
  • Close to Holmesglen Train Station (Glen Waverley line)
  • Occupy or invest

Inspection Times:

  • Thu 26th Mar. 2026 | 11:00am - 11:30am
  • Thu 2nd Apr. 2026 | 11:00am - 11:30am
  • Thu 9th Apr. 2026 | 11:00am - 11:30am
  • Thu 16th Apr. 2026 | 11:00am - 11:30am
  • Thu 26th Apr. 2026 | 10:30am - 11:00am (Auction Day)

For further information please contact the exclusive agents.

Ryan Amler | 0401 971 622
Jonathan On | 0479 003 122

*All areas and figures approx only. All boundaries are indicative only. All precaution has been taken to establish the accuracy of all information but does not constitute any representation by the Vendor or Agents.

Building:

102m²

Land:

167m² / 0.04 acres

Zone:

Commercial 1 Zone (C1Z)

Tenancy:

Vacant

Categories:

Retail, Offices, Medical/Consulting

Due diligence checklist for home and residential property buyers

637 Warrigal Road, Chadstone, VIC 3148
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