CBRE is offering for sale 148-150 Keys Road, Cheltenham (corner Warrigal Road) representing one of the last remaining un-developed corners in Warrigal Road.

Corner sites on Warrigal Road of this scale are highly sought after and seldom found, providing an opportunity to reposition a high profile landholding along one of Melbourne’s most important south-east thoroughfares.

Key highlights of the opportunity include:

+ Significant 2,238sqm* corner landholding with 94m* of combined street frontage to Warrigal Road and Keys Road, offering exceptional visibility and flexible dual-street access

+ 33,000** vehicles passing daily to Warrigal Road — one of Melbourne’s most critical south-eastern arterials, connecting Surrey Hills to Mentone and running through some of the city’s most established and active commercial precincts

+ The site offers a clear path to near-term development or occupation, with vacant possession available in the short term

+ Flexible zoning accommodating a wide range of uses suiting owner-occupiers, investors and developers across multiple sectors (STCA)

+ Surrounded by an exceptional concentration of national operators including McDonald’s, Hungry Jack’s, Shell, Subway, BP, Bunnings, Repco, Fantastic Furniture, Total Tools, RSEA Safety and Chemist Warehouse — one of Melbourne’s most active and proven commercial and retail corridors

+ An active large-scale storage facility development is within the immediate zone, reflecting the precinct’s ongoing evolution and growing developer confidence

+ Moorabbin Airport, Westfield Southland, DFO Moorabbin and the Dingley Bypass all within close proximity, underpinning strong connectivity to the broader south-eastern metropolitan network

148-150 Keys Road, Cheltenham is for sale via Expressions of Interest closing Thursday 1st October 2026 at 2:00pm (AEST).

Please contact the exclusive selling agents at CBRE for further information:

Scott Hawthorne
+61 400 861 048
scott.hawthorne@cbre.com.au

Nathan Mufale
+61 421 224 354
nathan.mufale@cbre.com.au

Jing Jun (JJ) Heng 王敬君 (中文普通话咨询物业详情)
+61 411 059 116 (手机)
jj.heng@cbre.com (电子邮件)
jheng1206 (微信)

*Denotes Approx.
**VicRoads