According to authorities, the bust is one of the biggest in Australia's history, and the largest seizure of liquid methylamphetamine ever.
"This has resulted in 3.6 million individual hits of ice being taken off our streets," said Federal Justice Minister Michael Keenan.
Four people have been charged over the haul, which included 720 liters of the drug, the Australian Federal Police said Monday.
Australian customs first discovered around 190 liters hidden inside thousands of stick on gel bras in a shipment from Hong Kong in December of last year.
Delivery of the shipment was tracked to a storage facility where a Hong Kong national was arrested.
An additional 530 liters of the drug were then found concealed in art supplies stashed in storage units in Sydney.
Authorities have since arrested one Chinese national and two further Hong Kong nationals in relation to the importation and manufacture of the drug.
This is a result of organized criminals targeting the lucrative Australian ice market from offshore," said Keenan.
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