340-342 Keilor Rd, Niddrie, Vic 3042

Retail
|Industrial/Warehouse
|Land/Development
Contact the Savills team Today
Contact the Savills team Today
Published on: 24 Aug 2026
Last updated on: 23 Sep 2026
340-342 Keilor Rd, Niddrie, Vic 3042
340-342 Keilor Rd, Niddrie, Vic 3042
340-342 Keilor Rd, Niddrie, Vic 3042
+17
340-342 Keilor Rd, Niddrie, Vic 3042
  • 17
Property ID: 505215472
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Key property information

Land Size
1,570.00 m2
Floor Area
1,734.00 m2
Tenure Type
tenanted

SUBSTANTIAL RETAIL HOLDING WITH SIGNIFICANT DEVELOPMENT UPSIDE

340-342 Keilor Rd, Niddrie, Vic 3042
Savills is delighted to offer for sale this substantial landholding positioned within the heart of the Keilor Road retail precinct at 340-342 Keilor Road, Niddrie.

The property presents a rare opportunity to secure a blue-chip landholding within the heart of the Niddrie Activity Centre, offering exceptional development upside in one of Melbourne’s most established retail precincts. With significant future potential and a prime position within a tightly held retail core, the asset is ideally suited to developers and investors seeking to unlock long-term value.

Key attributes of the property include:

•	Exceptional 1,570sqm* landholding in central Keilor Road retail precinct
•	Total building area of 1,734sqm*
•	Flexible Commercial 1 Zoning (C1Z) with a 27m discretionary height
•	Current permit in place for a two-level 120-place childcare facility utilising the existing structure
•	Returning $121,960 p.a. + GST & outgoings, with a vacant rear warehouse providing significant rental upside
•	Surrounded by premier retail and lifestyle offerings including the Keilor Road precinct, DFO Essendon, and Essendon Fields
•	Excellent connectivity via local tram & bus routes on Keilor Road, major arterials such as Calder Freeway, and convenient access to the Melbourne CBD (10km*)

*Approximate

For Sale by Expressions of Interest - EOI closed, offers under review.

For further information please contact:

Julian Heatherich - 0412 995 655 
James Latos - 0422 604 900

Property Details

Basic Info

Property Type
RetailIndustrial/WarehouseLand/Development
Listing Status
On Market
Land Size
1,570.00 m2
Address
340-342 Keilor Rd, Niddrie, Vic 3042
Julian Heatherich
Julian Heatherich
James Latos
James Latos
Level 29, South Tower, 80 Collins Street, Melbourne, Vic 3000
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Julian Heatherich
Julian Heatherich
James Latos
James Latos
Level 29, South Tower, 80 Collins Street, Melbourne, Vic 3000
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      Property ID: 505215472

      Original Property ID: 505215472
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