Raine and Horne Land victoria is Delighted to offer 43 acres in future Parwan Employment Precinct. A rare oppurtunity to acquire 40 acres of flat land 60 kms of Melbourne CBD, within the sough-after Bacchus Marsh Urban Growth Framework Plan(Parwan Employment Precinct) in Melbourne's newest Growth corridor.
This 43 acres forms part of the Bacchus Marsh Urban Growth Framework Plan Which will provide jobs for a future merrimu popultion of 20,000 residents just minutes to the Bacchus Marsh Township and 55 minutes approx to the melbourne CBD via easy freeway access.
Parwan employment precinct:
The Parwan precinct is large more than 2,500 hectares.
Current land uses are mostly agriculture, rural residential, some industrial/light industrial, the Bacchus Marsh aerodrome, etc.
Planning is under way: structure plans, precinct plans, development contributions, servicing (water, sewer, roads) are being analyzed and developed.
The precinct is expected to deliver significant employment, industrial and agribusiness investment, especially suited for value''''''''''''''''''''''adding, logistics, warehousing, etc.
Due Diligence Checklist -
http://www.consumer.vic.gov.au/duediligencechecklist
The size of Parwan is approximately 78.5 square kilometres. There is 1 park, covering nearly 1.1% of the total area. The population of Parwan in 2016 was 170 people. By 2021 the population was 188 showing a population growth of 10.6% in the area during that time. The predominant age group in Parwan is 50-59 years. Households in Parwan are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Parwan work in a clerical occupation.In 2021, 74.50% of the homes in Parwan were owner-occupied compared with 60.40% in 2016.
Parwan has 123 properties. Over the last 5 years, Houses in Parwan have seen a 62.71% increase in median value. As at 30 June 2026:
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