A two-level, A-grade office building at Brisbane's Cannon Hill is expected to attract a lot of buyer attention after being put up for sale.

Owned by Centuria, the commercial property at 19 Corporate Drive is situated within the Southgate Corporate Park, and counts Honeywell, NBN, and the Queensland State Government as tenants.

Knight Frank agents Christian Sandstrom, Matt Barker, and Justin Bond have been appointed to conduct the expressions of interest campaign along with Anthony Ott and Peter Chapple of Savills.

At a glance:

• Commercial building at 19 Corporate Drive, Cannon Hill for sale through an expressions of interest campaign closing on Thursday, March 21.
• The property has 6,028 square metres of net lettable area over two levels.
• Sales campaign conducted by Christian Sandstrom, Matt Barker, and Justin Bond, of Knight Frank, and Anthony Ott and Peter Chapple, of Savills.

Mr Sandstrom said a wide range of investors would be targeted in what was expected to be a hotly-contested campaign.

“We anticipate positive buyer engagement given the continued appetite for quality investment opportunities underpinned by quality tenants in the current market,” he said.

“The current market conditions of increasing tenant demand, record low cost of debt and improving business confidence has translated into Brisbane Investment properties being a sought after asset class. 

“The weight of money seeking to secure assets in Brisbane is set to increase into 2019.”

The property at 19 Corporate Drive has 6,028 square metres of net lettable area over two levels of office accommodation, with on-site parking for a total of 145 vehicles in either the secured basement or on-grade areas.

The site comprises of 5,246 square metres, and enjoys dual street frontages to Southgate Avenue and Corporate Drive.

Mr Chapple said Cannon Hill had traditionally experienced a higher occupancy rate than other office precincts in the region.

“Despite strong investor demand at the moment, there is a lack of other formal opportunities presently for sale, which means this property at Corporate Drive will attract a lot of attention,” he said.

“Southgate Corporate Park is a highly sought after corporate office park, given the quality of the individual office buildings and the abundant tenant amenity available to its occupiers.

“Other recent sales of properties within the park have attracted interest from local and interstate private investors as well as syndicators and institutions, due to the size and value of the assets in the sub $50 million price range.”

The expressions of interest campaign will close on Thursday, March 21.

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