Drug Taskforce investigators supported by members from the Bendigo Divisional Response Unit have uncovered an extensive drug processing and manufacturing site in Strathfieldsaye this afternoon.
Police executed a search warrant a rural property on Taylors Lane, south of Bendigo, just before 2pm.
The extensive manufacturing site was discovered inside a large shed at the rear of the property and included two tablet press machines which were in use upon police arrival.
A large commercial quantity of what is believed to be MDMA in raw and tablet form was also found.
This includes about 30,000 tablets with an estimated street value of approximately $750,000.
It is expected two vehicles and a boat will also be seized.
A 47-year-old Strathfieldsaye man was arrested at the scene and is currently assisting investigators with their enquiries as police continue to process the scene.
A crime scene has been set up and it is expected police will work into the night to dismantle the set-up
Quotes attributable to Organised Crime Division Detective Acting Superintendent Craig Darlow
"This is a significant seizure that has directly resulted in an extremely large quantity of harmful drugs being prevented from entering the community."
"Such is the scale of this discovery that it will take our investigators some time to process the scene completely, but we have already seized tens of thousands of tablets as well as significant amounts of raw materials and chemicals.
"To tackle the harm caused by drugs in our community, Victoria Police is committed reducing the supply of these illicit substances."