28-34 Rooney Street 10,473 SF 100% Leased Office Building Richmond, VIC 3121 For Sale

28-34 Rooney Street presents a landmark inner-urban holding positioned at the high-demand convergence of Burnley and Richmond commercial corridors, offering extraordinary scalability for future development while currently benefiting from entrenched locational capital advantages. Occupying approximately 973 m² of land underpinned by a heritage overlay (HO401), this strategic allotment sits minutes from Melbourne’s CBD core, Swan Street activation nodes, and CityLink arterial gateways, making it a compelling candidate for comprehensive urban regeneration or adaptive commercial reinvention (STCA).
The property has a history of commanding premium valuations, having transacted at $11 million in 2021, reflecting its enduring significance among institutional and private capital profiles. Surrounded by an ecosystem of high-order amenities including upmarket hospitality assets, mixed-use lifestyle projects, and transit-rich infrastructure (tram, train, freeway), this address exemplifies the gravitational pull of Eastern Fringe assets where supply compression and zoning permissibility converge to produce unrivaled investment fundamentals.
Opportunities exist to reconfigure existing improvements or pursue bespoke redevelopment across integrated office, showroom, or multi-residential formats to leverage strong underlying demographic and locational drivers.