Buyers are set to flock in the coming weeks to size up a unique commercial asset located on the doorstep of the Brisbane CBD that has just hit the market.

Land & Homes Group have exclusively appointed Savills Capital Transactions agents Peter Chapple and Jack Morrison in conjunction with Knight Franks’ Christian Sandstrom and Matt Barker to sell the 100% freehold at 207 Wharf Street.

Originally designed for the Australian Federal Police and built in 1996, the offering boasts four levels of highly adaptive office accommodation offering the opportunity for a purchaser to reposition, occupy or develop up to 30 levels.

“This is a unique opportunity to secure an inner city asset with strong existing office accommodation fundamentals, along with the flexibility of high density development potential,” Mr Morrison said.

The 4,695sq m space provides typical floorplates of 1,150sq m with central core lift access. The property also comprises of approximately 400sq m of courtyard area, excellent internal height and natural light to all sides of the building plus 63 car parks promoting excellent repositioning potential for prospective occupants.

Recently re-gazetted as PC – 1 Principle Centre (City Centre) under the new Spring Hill Neighbourhood Plan the asset sits in a precinct earmarked as a natural extension of the CBD.

“As the Brisbane CBD continues to expand south towards Spring Hill and north towards Fortitude Valley, Spring Hill is poised to sit as the middle of the future CBD,” Mr Sandstrom said.

The building is situated in a prime location on the cusp of the CBD in a precinct set to benefit from its proximity to some of Brisbane’s most exiting entertainment developments in the Howard Smith Wharves redevelopment, the RNA Showgrounds and the city shaping Queens Wharf Project while also providing potential occupants with a short walk to key public transport networks, including Central Train Station.

The property is being marketed for sale via an Expressions of Interest campaign closing 5 December.