Providing a total combined site area of 20,045m and positioned in Canberra's affluent inner-south suburb of Griffith, the Mildura Street Collection represents a truly generational opportunity.
As home to the operations of Bega Group, and its subsidiary Capitol Chilled Foods Australia, the Mildura Street Collection comprises five individual assets that are offered for the first time since their construction. These landmark buildings provide a mix of accommodation including the iconic dairy farmers factory and office building as well as free-standing warehousing, loading bays, hardstand areas, refrigerated facilities and the original caretaker's cottage.
The assets are positioned along Mildura Street and Wentworth Avenue and are offered for sale via Expressions of Interest, with all but one property offered vacant possession. Block 5, currently utilised by Bega, will remain tenanted on a 5-year lease, providing holding income for purchasers.
The Mildura Street Collection lies within an area known as the East Lake Precinct, mooted for future re-zoning by the ACT Government. The proximity to major transport routes, amenities of surrounding blue-ribbon suburbs and frontage to the Kingston Railway combine to provide one of Canberra's most attractive investment opportunities.
For Sale by Expressions of Interest closing 4:00pm AEST, Tuesday 12 September, 2023.
*Approx
The size of Griffith is approximately 2.8 square kilometres. There are 19 parks, covering nearly 18.3% of the total area. The population of Griffith in 2016 was 4575 people. By 2021 the population was 5328 showing a population growth of 16.5% in the area during that time. The predominant age group in Griffith is 20-29 years. Households in Griffith are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Griffith work in a professional occupation.In 2021, 57.20% of the homes in Griffith were owner-occupied compared with 53.00% in 2016.
Griffith has 3,844 properties. Over the last 5 years, Houses in Griffith have seen a 15.74% increase in median value, while Units have seen a 17.11% increase. As at 30 June 2026:
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