I'd guess that there is nothing to stop you from doing the approach in VMC - after all you are simply airworking between 2200 and the ground.
Whether or not your could log it for currency is a different question.
Bit of a bugger for those who call Tyabb home - was our method of getting in- use the MSA, then the holding alt then break out outbound or inbound and then straight up the channel for a downwind join for 17.
UTR