637 Warrigal Road, Chadstone, VIC 3148 | Commercial for sale | OnTheHouse
 
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637 Warrigal Road
Chadstone VIC 3148

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 102m2
Land area: 167m2
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High Exposure Retail Freehold in Tightly Held Holmesglen Strip

RWC (Oakleigh) is pleased to offer 637 Warrigal Road, Chadstone for Sale.
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 well below market, presenting a potential value-add opportunity for incoming purchasers.
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.
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Property Details for 637 Warrigal Rd, Chadstone

Building Type
Commercial
Floor Size
102m2
Land Size
167m2
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About Chadstone 3148

The size of Chadstone is approximately 3.1 square kilometres. There are 7 parks, covering nearly 9.6% of the total area. The population of Chadstone in 2016 was 8641 people. By 2021 the population was 9552 showing a population growth of 10.5% in the area during that time. The predominant age group in Chadstone is 30-39 years. Households in Chadstone are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Chadstone work in a professional occupation.In 2021, 57.80% of the homes in Chadstone were owner-occupied compared with 57.50% in 2016.

Chadstone has 5,123 properties. Over the last 5 years, Houses in Chadstone have seen a 4.03% increase in median value, while Units have seen a 5.56% increase. As at 31 May 2026:

  • The median value for Houses in Chadstone is $1,328,714 while the median value for Units is $871,841.
  • Houses have a median rent of $650 while Units have a median rent of $635.
There are currently 11 properties listed for sale, and 7 properties listed for rent in Chadstone on OnTheHouse. According to Cotality's data, 180 properties were sold in the past 12 months in Chadstone.

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Ryan Amler
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Ray White Commercial Oakleigh
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