The Canberra Raiders are the new owners of the former ‘Canberra Milk’ factory near Fyshwick, in partnership with a local developer, Doma Group. It is understood the sale price was about the mid-$20 million range.
‘Canberra Milk’ has a long history with the Canberra Raiders, having sponsored the NRL team since 1982. “The Milk” has become the unofficial team name, while the Raiders’ jerseys with “Canberra Milk” emblazoned on the front have earned cult status among supporters.
The site falls within the ACT government’s East Lake place plan, which sets out a vision to redevelop The Causeway, a historic workers’ settlement, and the surrounding area into a mixed-use precinct. The plan, which was released in March 2023, includes provisions for an “innovation precinct” and business hub around Mildura Street.
“The partnership is excited to explore the potential of the heritage buildings located on the site whilst also working through a broader master plan,” the spokesperson said. For more information please refer to the article in the Riotact.