4049 Geelong-Bacchus Marsh RoadParwan VIC 3340
Property Details for 4049 Geelong-Bacchus Marsh Rd, Parwan
Last Listing description (December 2021)
Area specialist real estate is proud to present you 40 Acres of Development land in the heart of Parwan.
calling all land bankers and Developers.
flexible terms and long settlements on offer, this property is a land banking/ future Development opportunity not to be missed.
The property is situated in a strategic part of Parwan and has great main road exposure. with wide road frontage to Geelong-Bacchus Marsh Rd. which makes it a golden development opportunity with maximum return on investment.
This magnificent property is a great land banking opportunity as it forms part of the Parwan employment development plan and is a key feature of the Bacchus Marsh Urban growth framework.
The Parwan employment precinct is anticipated to create 1500 new agribusiness jobs, important infrastructure upgrades including and 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.
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.
Property features:
. 40 acres of excellent land with town water and power connection.
. wide road frontage on Geelong-Bacchus Marsh Rd
. Only 45 minutes to the Melbourne CBD
. Short drive to Bacchus Marsh township and train station.
. 3bedroom weatherboard house, partially renovated.
. Workshed, hay shed, 2 silos, and storage sheds.
. Large water dam
. 21 horse paddocks, 8 paddocks horseboxes
For more details, please contact Adam Elsherif 0413 222 069
Property History for 4049 Geelong-Bacchus Marsh Rd, Parwan, VIC 3340
- 02 Apr 2019Listed for Sale Contact Adam Elsherif
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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 62.71% increase in median value. As at 31 July 2024:
- The median value for Houses in Parwan is $1,301,752.
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