39-41 Tyers Street, Portland, Vic 3305

$895,000

House
Type
7
Bedrooms
1
Bathrooms
1,048 mΒ²
Area

Published on Friday, September 11, 2026 ( See property details for 39-41 Tyers Street, Portland, Vic 3305)

$895,000

Stuart Wakely Sales Consultant - Licensed Estate Agent - Bachelor of Property
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile and spacious commercial property on a large corner block, offering exceptional potential for various uses and future development in Portland.

🏑 Property Highlights

  • Substantial 1,048m² landholding with dual street frontage
  • Flexible Commercial 1 zoning suitable for diverse uses
  • Approximately 750m² of existing building area with high ceilings
  • Expansive open-plan main hall ideal for various functions
  • Fully equipped commercial kitchen and dining/meeting area
  • Prime corner position on Tyers and Hurd Streets in Portland

✨ Key Features

  • Open-Plan Living
  • Built-in Robes
  • Ensuite
  • Outdoor Area
  • Garage
  • Security Screens / Gates
  • Floorboards
  • Water tank
  • High energy efficiency
  • Fully fenced
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39-41 Tyers Street
Portland, VIC 3305
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Vertical aerial view β€” 39-41 Tyers Street
39-41 Tyers Street — Vertical Aerial  •  Portland, VIC 3305  •  Nearmap © 2026

Portland is a vibrant coastal town renowned for its rich history, scenic waterfront, and strong community spirit. The suburb offers excellent amenities, easy access to regional attractions, and a strategic central location ideal for business and lifestyle. Its diverse environment supports a range of commercial and recreational activities, making it a highly desirable area for investors and residents alike.

What types of businesses can I operate on this property?
The property is zoned Commercial 1, allowing for a wide range of uses including commercial office space, wellness and fitness, hospitality, events, community uses, or a place of worship, subject to council approval.
Is there potential for residential development or conversion?
Yes, the property offers potential for residential conversion (STCA), providing flexibility for future development or change of use.
What are the key features of the existing building?
The building features high ceilings, an expansive open-plan main hall, multiple offices and rooms, storage areas, amenities, and a full commercial kitchen with adjoining dining/meeting area.
Are there any restrictions or covenants on the property?
The property is zoned Commercial 1, and any specific restrictions or covenants should be confirmed with the local council or relevant authorities.
What is the condition of the property and building?
The property is well-maintained with a substantial existing structure, suitable for immediate use or further renovation, subject to inspection.
Are there any hidden costs or upcoming maintenance expenses associated with the property? Has the property been assessed for compliance with current zoning and planning regulations? Are there any existing easements, covenants, or restrictions affecting development or use? What are the potential costs involved in converting or modifying the existing structures? Is there any history of flooding, bushfire risk, or other environmental hazards in the area? Are there any planned developments or construction projects nearby that could impact the property? What are the strata or body corporate considerations if applicable? Are there any noise or nuisance issues from neighboring properties? What are the parking and access arrangements for the property? Is the property suitable for the intended commercial or residential use in terms of infrastructure and zoning?

39-41 Tyers Street, Portland, Vic 3305 - More Details

$895,000

39–41 Tyers Street offers an exceptional opportunity to secure a substantial 1,048mΒ² landholding, 2 titles, with approximately 750mΒ² of existing building area, prominently positioned on the corner of Tyers and Hurd Streets.
Zoned Commercial 1, the property provides outstanding flexibility for a wide range of uses, including commercial office space, wellness and fitness, hospitality, events, community uses or a place of worship, or potential residential conversion (STCA).
The impressive main hall features high ceilings and expansive open-plan space, complemented by multiple offices, rooms, storage areas and amenities. A full commercial kitchen and adjoining dining/meeting area further expand the property's potential for hospitality, functions or community-based uses.
With its significant floor area, generous landholding, dual street frontage and highly adaptable layout, the property is ideally suited to an owner-occupier, investor, business operator or developer seeking a distinctive central property with genuine scope for transformation. 39–41 Tyers Street presents a rare combination of scale, position and flexibility, property of this size and versatility in such a central location is rarely offered.
Type
House
Bedrooms
7
Bathrooms
1
Area
1,048 mΒ²
House Size
750 mΒ²

Price guide

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