The Liberal Party in Victoria will cash in on a multi-million dollar city building it owns in Exhibition Street, giving it a crucial war chest ahead of November’s state election.

After years of speculation, the Liberal Party has officially put a six-level office it owns and uses as its long-term headquarters at 104 Exhibition Street, up for sale.

The Liberal Party headquarters at 104 Exhibition Street. Credit:Colliers International

The building is expected to fetch about $30 million.

Victorian Liberal president Michael Kroger said the party was “considering all offers”.