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Investment Highlights

  • The property includes a ground-floor commercial shopfront combined with multiple office or dwelling spaces.
  • Existing hospitality fittings are in place, providing functional infrastructure for food and beverage operations.
  • The location is within a well-connected area close to shops, cafes, and public transport services.
  • It occupies a land area of approximately 201 square meters and is zoned Commercial 1 (C1Z).
  • Rear access is available through an existing carport, enhancing convenience for occupants.

Executive Summary

208 Tyler Street presents a rare opportunity to acquire a mixed-use freehold in the vibrant heart of Preston. The property combines a ground-floor commercial shopfront with multiple office and dwelling areas, offering flexibility for a range of uses. Zoned Commercial 1 (C1Z), the site provides scope for future development or value-add enhancements, subject to council approval.
Positioned in a high-growth precinct, the property benefits from strong surrounding amenity, including popular cafes, restaurants, and retail options. Public transport access is convenient, ensuring connectivity for both commercial and residential occupants. With existing hospitality fittings and rear carport access, the property is well-suited for investors seeking long-term capital growth or owner-occupiers looking for a versatile asset.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
1,496 SF
Building Class
C
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.69
Lot Size
0.05 AC

Amenities

  • Signage
  • Listing ID: 39897645

  • Date on Market: 3/24/2026

  • Last Updated:

  • Address: 208 Tyler Street, Preston, VIC 3072

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