Geelong-Bacchus Marsh RoadParwan VIC 3340
Property Details for Lot 1 Geelong-Bacchus Marsh Rd, Parwan
Last Listing description (April 2023)
Reliance Commercial is delighted to offer 61 acres in future Parwan Employment Precinct. A rare opportunity to acquire 61 acres of flat land with 2 main road frontage that is just 55 minutes' drive to Melbourne CBD, within the sought-after Bacchus Marsh Urban Growth Framework Plan (Parwan Employment Precinct) in Melbourne's newest Growth corridor.
61 acres in Parwan Employment PSP (SUZ zoning)
Flat Land
Short walk to upcoming train station
6 minutes to Bacchus Marsh town
6 minutes to existing Bacchus Marsh train station
Flexible terms & conditions.
Bacchus Marsh Urban Growth Framework includes:
1) Merrimu Residential PSP
2) Parwan Station PSP
3) Parwan Employment PSP
This 61 acres forms part of the Bacchus Marsh Urban Growth Framework Plan Which will provide for a future Merrimu population of 20,000 residents just minutes to the Bacchus Marsh Township and 55 minutes approx. to the Melbourne CBD via easy freeway access.
Interested parties should conduct their due diligence prior to making any submissions. Given are for general information only and do not constitute any representation on the part of the vendor or agent.
Please contact JD on 0423 664 786 or Eric on 0411 323 991 for any further information.
Due Diligence Checklist -
http://www.consumer.vic.gov.au/duediligencechecklist
Property History for Lot 1 Geelong-Bacchus Marsh Rd, Parwan, VIC 3340
- 01 Dec 2022Listed 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 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 December 2025:
- The median value for Houses in Parwan is $677,202 while the median value for Units is $747,508.
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