4265 Geelong-Bacchus Marsh RoadParwan VIC 3340
Property Details for 4265 Geelong-Bacchus Marsh Rd, Parwan
Last Listing description (March 2025)
Raine & Horne Land Victoria is excited to offer 83 acres of prime land located in the heart of Parwan. This is a fantastic opportunity for land bankers and developers, with flexible terms and long settlement options available. Don't miss out on this exceptional land banking opportunity.
The property is located within a Special Use Zone and boasts excellent exposure with three road frontages: Geelong-Bacchus Marsh Road, School Lane, and Cummings Road, making it a prime development site with the potential for maximum return on investment. The land is situated adjacent to the Parwan Station PSP and the Parwan Employment Precinct.
The Parwan Employment Precinct is expected to generate 1,500 new agribusiness jobs, along with crucial infrastructure upgrades, including the future Parwan train station and the Eastern Link Arterial Road. This infrastructure will significantly improve travel connections to and from Bacchus Marsh.
As one of Melbourne's newest growth corridors, Parwan is poised to become a major hub for industrial and agribusiness investments. The Parwan Agribusiness Precinct will play a key role in the delivery of the Eastern Link Road, contributing to the area's economic and employment growth.
Property Features:
- 83 acres of excellent land with town water and power connections
- Three road frontages
- Just 45 minutes from Melbourne CBD
- A short drive to Bacchus Marsh township and train station
For more information, contact Sukhraj Romana at 0433 092 727 or Harsimrat Gill at 0432 710 178.
Interested parties should conduct their due diligence prior to making any submissions. Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent. Due Diligence Checklist - http://www.consumer.vic.gov.au/duediligencechecklist
Property History for 4265 Geelong-Bacchus Marsh Rd, Parwan, VIC 3340
- 18 Mar 2025Listed for Sale CONTACT AGENT
- 04 Jun 2018Listed for Sale Contact Agent
- 02 Feb 2002Sold for $315,000
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0About Parwan 3340
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 31 July 2026:
- The median value for Houses in Parwan is $756,477 while the median value for Units is $773,661.
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