[1][2] This five-storeyed masonry office building was constructed in 1930, on a site which has been associated with the medical profession since the 1880s, when the first Inchcolm was established by Dr John Thomson.

Their construction constituted the second phase (the first being in the 1880s) of Wickham Terrace's growth as a medical precinct, and was indicative of new directions toward specialist medicine in Queensland in the interwar years.

[2] Inchcolm is located at the eastern end of Wickham Terrace, overlooking the city centre, within an area dominated by buildings accommodating the medical and allied professions.

The ground floor level is rendered and scored to resemble ashlar, and the small projecting arched entrance is crowned by a cornice and parapet.

[1] Although some remodelling of individual offices has occurred, the interior public spaces remain substantially intact and sustain the ambience of a 1930s building.

As one of a related group of classical facades, and in particular in association with adjacent Lister House, Inchcolm with its neo-Georgian facade exhibits a strong contribution to the Wickham Terrace streetscape, which is valued by the community[1] The place has a special association with the life or work of a particular person, group or organisation of importance in Queensland's history.