24 & 28 Keys Road, Keysborough, VIC 3173 | Commercial for sale | OnTheHouse
 
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24 & 28 Keys Road
Keysborough VIC 3173

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Land area: 11ac
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Strategic South-East Growth Corridor Holding – Two Titles, Approx. 11 Acres Total (Available Individually or Together)

In one of Melbourne's most connected growth corridors, this rare two-title holding offers a powerful combination of lifestyle, land bank and future potential. Together, 24 & 28 Keys Road provide approximately 11 acres with prominent sealed road frontages to both Keys Road and Perry Road, available individually or together.
What's on offer
· 24 Keys Road (approx. 5.5 acres): Corner site with dual sealed frontages to Keys Road and Perry Road, featuring an elegant Victorian-style residence. Multiple living areas, high ceilings, fireplaces, manicured gardens, a study, and solar-powered gated entry create a refined lifestyle property. Fully connected with town water, natural gas, and NBN.
· 28 Keys Road (approx. 5.5 acres): Established landholding with sealed frontage to Keys Road. The site includes substantial nursery infrastructure such as multi-span greenhouses with lighting and heating, shade structures, recycled irrigation systems, benches and shedding. Importantly, the property also features a well-maintained family home comprising 4 bedrooms, 1 bathroom, and 2 living areas - ideal for owner-occupation, rental income, or staff accommodation. While the nursery business itself is not included in the sale, the fixtures and fittings remain, providing a ready platform for continuation of similar use or repurposing to suit a buyer's needs.
Location advantages
Strategically located minutes from EastLink, Peninsula Link and the Dandenong South Business Hub, and only 30 minutes from Melbourne's CBD. Positioned on the edge of the Urban Growth Boundary, these holdings are ideally placed to benefit from the South-East's continued residential and commercial expansion.
Why buyers will act
· Two rare titles combining to approx. 11 acres
· Prominent Keys Road and Perry Road frontages
· Lifestyle residence at No. 24 with elegant character features
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Property Details for 24 & 28 Keys Rd, Keysborough

Building Type
Commercial
Land Size
11ac
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About Keysborough 3173

The size of Keysborough is approximately 21.8 square kilometres. It has 56 parks covering nearly 12.1% of total area. The population of Keysborough in 2016 was 25785 people. By 2021 the population was 30018 showing a population growth of 16.4% in the area during that time. The predominant age group in Keysborough is 30-39 years. Households in Keysborough are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Keysborough work in a professional occupation.In 2021, 78.50% of the homes in Keysborough were owner-occupied compared with 79.70% in 2016.

Keysborough has 13,133 properties. Over the last 5 years, Houses in Keysborough have seen a 35.81% increase in median value, while Units have seen a 25.51% increase. As at 31 October 2025:

  • The median value for Houses in Keysborough is $1,059,731 while the median value for Units is $796,769.
  • Houses have a median rent of $680 while Units have a median rent of $650.
There are currently 44 properties listed for sale, and 21 properties listed for rent in Keysborough on OnTheHouse. According to Cotality's data, 500 properties were sold in the past 12 months in Keysborough.

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Mohsen Jaffari
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