208 Tyler Street
Preston, VIC 3072

This mixed-use freehold property at 208 Tyler Street, Preston, offers a unique blend of commercial and residential opportunities, making it a prominent asset in the heart of Preston. The property benefits from a strong rental history and is situated amidst a vibrant precinct known for its popular bars and restaurants, positioning it well for long-term capital growth.

The site is zoned Commercial 1 (C1Z), which supports a variety of commercial uses, providing flexibility for investors or owner-occupiers. The generous land size of approximately 201 square meters accommodates a ground floor shopfront alongside multiple office or dwelling spaces, enhancing its mixed-use appeal.

Additional features include an existing carport with rear access, facilitating convenient parking and logistics. The property also retains existing hospitality fittings, which could be advantageous for businesses in the food and beverage sector or similar commercial ventures.

Located in a high-growth area, the property enjoys proximity to shops, cafes, and public transport, ensuring accessibility and convenience for occupants and customers alike. The offering includes vacant possession, allowing for immediate occupation or redevelopment subject to council approval.

This property is well-suited for investors seeking a stable income stream or for owner-occupiers looking to establish a commercial presence with residential components. Its strategic location and versatile configuration present a compelling opportunity in Preston's dynamic market.