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Colliers - Canberra

2-8 Mildura Street Griffith, ACT 2603

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2-8 Mildura Street,
Griffith, ACT 2603

Warehouse, Factory & Industrial • Development Sites & Land • Other

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Colliers - Canberra
Matthew Winter
Paul Powderly

Colliers - Canberra

Level 8, 68 Northbourne Ave
CITY, ACT 2601
Colliers - Canberra
2-8 Mildura Street
Griffith, ACT 2603

Map of 2-8 Mildura Street

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For Sale | Generational ACT Landbank or Development Opportunity

  • 5 adjoining sites with combined 20,045m
  • Estimated NLA of 7,410m²*
  • 200m+ street frontage
Providing a total combined site area of 20,045m² 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

Griffith, 2603 demographic data

The median household income for Griffith is $2,542, 7% higher than Australian Capital Territory's household income of $2,373. Griffith has an older age profile compared to the rest of Australian Capital Territory (median age 38 vs 35). Property ownership data shows 55% of property owners in Griffith have a mortgage.

5,328
Population
$2,542 per week
Median household income
38 years
Median age
Owners
Most residents
Families
Most households

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