A man could face up to 10 years in jail for fatally hitting a cyclist and fleeing the scene.

Matthew O'Connor, 28, was on bail when he struck New Zealand national Peter McGuffie, 54, as he rode his bike in West Footscray on June 23, 2016. The cyclist died at the scene.

The court previously heard O'Connor was seen veering into the bike lane on Barkly Street and that Mr McGuffie was wearing a high-visibility vest at the time.

O'Connor appeared in the Melbourne Magistrates Court on Thursday via video link. He pleaded guilty to dangerous driving causing death, failing to stop after an accident, driving while suspended and committing an indictable offence on bail. The crime of dangerous driving causing death carries a maximum sentence of 10 years' imprisonment.

Prosecutors withdrew other charges against him including culpable driving causing death and failing to render assistance after an accident, the court heard.

Magistrate Simon Zebrowski remanded the man to appear at the County Court for a pre-sentence hearing on September 26.