OFF MARKET

3539 Geelong-Bacchus Marsh Road
Parwan VIC 3340

Bedrooms: 4
Bathrooms: 2
Car spaces: 4
Land area: 152219m2
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Property Details for 3539 Geelong-Bacchus Marsh Rd, Parwan

Building Type
Land
Land Size
152219m2
Local Government
Moorabool
Lot/Plan
2/PS413691

Last Listing description (June 2023)

Area specialist real estate is proud to present to you 40 Acres of prime land in the future Development of Parwan.

the property is situated on Geelong Bacchus Marsh Rd with 315m street frontahe and amazing views.

The Parwan employment precinct is anticipated to create 1500 new agribusiness jobs

and important infrastructure upgrades including the proposed future Parwan train station and the eastern link arterial road which will play a crucial role in facilitating travels from and to Bacchus Marsh as well as serving the future Merrimu population of Approx. 20,000 resident.

Parwan is anticipated to be one of Melbourne's newest growth corridors, The Parwan agribusiness precinct holds a significant economic and employment potential for Bacchus Marsh, with the ability to attract a significant level of new industrial and agribusiness investments.
The Parwan agribusiness precinct will contribute to the delivery of the eastern link road.

Key features:

315 meters of street frontage
40 Acres of Prime land
Future industrial Development
Forms part of Bacchus March urban Growth framework
5 Minutes to Bacchus Marsh railway station, future Parwan railway station &
Bacchus Marsh Township
55-minute drive to the Melbourne CBD

for more information, please contact Adam Elsherif on 0431 222 069

Disclaimer: all buyers must do thier own due deligince and inquries.

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Property History for 3539 Geelong-Bacchus Marsh Rd, Parwan, VIC 3340

A timeline of how this property has performed in the market
  • 03 May 2022
    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 123 properties. Over the last 5 years, Houses in Parwan have seen a 46.28% increase in median value. As at 30 November 2024:

  • The median value for Houses in Parwan is $1,227,807.
There are currently 8 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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