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1/4265 Geelong-Bacchus Marsh Road
Parwan VIC 3340

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Property Details for 1/4265 Geelong-Bacchus Marsh Rd, Parwan

Building Type
Land
Local Government
Moorabool

Last Listing description (November 2023)

Great Realty Group proudly present a unique opportunity for you to acquire approximately 60 acres of flat land within the Bacchus Marsh Urban Growth Framework Plan, specifically the Parwan Employment Precinct.

This expansive 60-acre parcel is an integral part of the Bacchus Marsh Urban Development Framework Plan, strategically positioned in Melbourne's Western Corridor within the Moorabool Shire. Parwan plays a pivotal role in the state, serving as a key element in the framework plan with a focus on employment generation. Envisioned as a hub for diverse agricultural activities such as meat processing, feed lots, saleyards, poultry, hydroponics, and associated co-located businesses, the precinct is poised to commence operations in the near future.

Key Highlights:

Designated site for future employment development.
Conveniently located approximately 55 minutes from Melbourne's CBD.
A mere 40-minute drive to Melbourne's international airport (Tullamarine).
Proximity to key transportation hubs, including Bacchus Marsh Railway Station, Future Parwan Train Station, and Bacchus Marsh Township.

This is a rare opportunity to be part of the growth and development unfolding in the Bacchus Marsh Urban Growth Framework Plan. Don't miss the chance to invest in this prime piece of land that holds immense potential for future employment and economic growth. seize the opportunity to contribute to and benefit from the promising future of the Bacchus Marsh Urban Growth Framework Plan.

Please contact Tarun Aulakh on 0426 822 720 or Sahil Gogna on 0405 625 342 for more information.

Please see the below link for an up-to- date copy of the Due Diligence Checklist: http://www.consumer.vic.gov.au/duediligencechecklist.

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Property History for 1/4265 Geelong-Bacchus Marsh Rd, Parwan, VIC 3340

A timeline of how this property has performed in the market
  • 13 Nov 2023
    Listed for Sale Price on Application
  • 17 Aug 2023
    Listed for Sale Contact Agent

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About Parwan 3340

The size of Parwan is approximately 78.5 square kilometres. It has 1 park covering nearly 1.1% of total area. The population of Parwan in 2011 was 311 people. By 2016 the population was 151 showing a population decline of 51.4% in the area during that time. The predominant age group in Parwan is 60-69 years. Households in Parwan are primarily childless couples and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Parwan work in a trades occupation. In 2011, 90.4% of the homes in Parwan were owner-occupied compared with 60.4% in 2016..

Parwan has 125 properties. Over the last 5 years, Houses in Parwan have seen a 59.04% increase in median value. As at 30 September 2024:

  • The median value for Houses in Parwan is $1,233,878.
There are currently 10 properties listed for sale, and 1 property listed for rent in Parwan on OnTheHouse. According to CoreLogic's data, 1 property were sold in the past 12 months in Parwan.

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