



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
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Property ID: 505215472
Original Property ID: 505215472