Commercial Property | Prime Retail Freehold in Melbourne up for Auction for the first time in 50 years

MEDIA RELEASE 13 Aug 2025 | Cushman & Wakefield

A highly sought-after opportunity has emerged in Melbourne’s inner north.

The listing of 479a Keilor Road, Niddrie – a refurbished, ready-to-occupy retail freehold – is offered for the first time in five decades. This 217 sqm* landholding with a 150 sqm* building footprint is zoned Commercial 1 (C1Z), making it ideal for a wide range of uses including retail, office, hospitality, or medical.

The property features dual access points, on-site parking, and a 5-metre frontage to Keilor Road, offering both convenience and high visibility. Positioned along a thriving shopping strip with over 15,000 vehicles passing daily, the site benefits from strong pedestrian traffic and proximity to major retailers such as Chemist Warehouse, El Jannah, Australia Post, and Commonwealth Bank.

George Davies of Cushman & Wakefield, who is selling the asset with colleague Valerie Tang on behalf of a private family said,

“This is a once-in-a-generation opportunity to secure a clean, versatile freehold in one of Melbourne’s most tightly held retail corridors. The recent refurbishment means buyers can walk in and start trading immediately.”

Located just minutes from DFO Essendon and Niddrie Central Shopping Centre, the property is perfectly placed to capture a broad customer base and long-term growth.

The property will be sold via on-site public auction on Thursday, 11 September 2025 at 12:30 pm (AEST) through Cushman & Wakefield’s City Fringe Sales team.

Please contact George Davies | 0421 799 489 and Valerie Tang 梓珊 | 0421 271 215 | WeChat: Valerie_1999530 if you need further information. 


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