Two Centuries In, Australia Post Is Still Building

19/10/2026

Few institutions can say they have run a national service for more than 200 years. Fewer are still pouring concrete for it. Australia Post, which has operated Australia’s national postal service for more than two centuries, spent FY26 doing exactly that, opening 14 new facilities.

One of them stands on a corner site at 2 Brinkley Road, Murray Bridge, about 45 minutes south-east of Adelaide on the South Eastern Freeway. Completed in July 2026, it is one of four new delivery centres Australia Post is opening across South Australia this year, and it replaces a former Murray Bridge site half its size.

The scale of the wider commitment explains the investment. Australia Post put $413.3 million into fleet, technology, facilities and regional network expansion in FY26, in a year when parcel volumes grew 5.3 per cent on sustained eCommerce demand. Parcels and Services, now the core of the business, lifted revenue 4.8 per cent to $8.01 billion. The parcel locker network has grown to 1,510 locker banks nationwide, and 2,523 of its 4,118 Post Offices sit outside major cities. In its FY26 results, the organisation describes itself as essential national infrastructure, and the building program reads like a business acting on that description.

Murray Bridge shows what that looks like at street level. The centre was built to Australia Post’s own specification on a 4,225 square metre corner site, with a clear-span warehouse of about 8.7 metres eaves height, an air-conditioned sort room, a covered loading area and a drive-through canopy.

“Australia Post didn’t take a standard building off the shelf,’ said Yosh Mendis, Senior Director and Head of Agency for CBRE Private Wealth NSW. “It wrote its own specification for future expansion signing a long 15 year net lease. That is a tenant committing to a location. The site is forecast to handle around 950,000 parcels per year out of Murray Bridge alone’ 

The details also show where the business is heading. A one-off $40.5 million Federal Government investment announced in FY26 is helping accelerate Australia Post’s fleet electrification and reduce its reliance on diesel. At Murray Bridge, a dedicated bike store with its own roller door houses the electric delivery fleet, with about 12 charging bays, and a rooftop solar array sits above the warehouse.

“The electric bike store and the solar array tell you this building was designed around how Australia Post operates now, not how it operated a decade ago,’ Mr Mendis said.

The location gives that investment a reason to keep growing. Murray Bridge a city just one hour from the Adelaide CBD and is named in the Greater Adelaide Regional Plan as a satellite city of Adelaide. Gifford Hill, a planned community on its south-western edge, is designed to deliver about 17,100 homes for more than 44,000 residents. Delivery centres like this one are the last-mile link between the $500 million Adelaide Parcel Super Hub at Elizabeth, due in late 2028, and the customer at the door.

For investors, the tenant is the Australian Postal Corporation, a Commonwealth statutory corporation wholly owned by the Australian Government. The lease runs for 15 years to July 2041, with two further five-year options that could extend it to 2051, and fixed 3.5 per cent annual rent increases. The tenant pays 100 per cent of outgoings, and the net income is approximately $381,273 a year plus GST.

“A brand new building, long term net lease, rare compounding fixed 3.5% annual rent increases, a Commonwealth-owned tenant, purpose built facility to the tenants latest specification designs and a growth story on its doorstep is a combination you don’t often find in one asset,’ Mr Mendis said

An institution that has delivered for more than 200 years is not building in Murray Bridge by accident. The property is offered by CBRE in conjunction with Bennett Lane, and full details are on the listing for 2 Brinkley Road, Murray Bridge.