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Parwan, VIC 3340, Australia
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About this property

A golden opportunity to purchase a significant land holding in Parwan of appx 16 hectares within the Parwan Employment Precinct. With substantial future planning uplift to occur in Melbourne's newest growth corridor, this outstanding parcel of land forms part of the Bacchus Marsh Urban Growth Framework Plan which will provide for the future Merrimu population of 20,000 residents just minutes to the Bacchus Marsh Township and appx 45 minutes to the Melbourne and Geelong CBD. Features -Total land area is 16 Ha appx -Potential development site (STCA) -Parwan employment precinct location -Forms part of Bacchus Marsh Urban Growth Framework Plan -Great potential for landbank value uplift -45 minutes to Melbourne CBD -45.5km south-west of Melbourne's International Airport (Tullamarine) -Minutes to Bacchus Marsh township, railway station & future Parwan railway station. The future Parwan Agribusiness Precinct holds significant economic and employment potential for Bacchus Marsh, with the ability to attract significant levels of new industrial and agribusiness investment and businesses that value-add and complement the Bacchus Marsh irrigation district. The Parwan Agribusiness Precinct will contribute to the delivery of the Eastern Link Road. The future Parwan Station precinct is directly north of the Parwan Agribusiness Precinct boundary and south of the Bacchus Marsh town centre. It is approximately 472 hectares and comprises of a mix of rural living and individual homesteads, as well as a range of rural activities to help facilitate planning for a future mixed-use precinct with up to 13,000 new residents and over 4,000 new jobs and a potential new train station.

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    Repayment calculator

    $3,039/month
    $1,519 /fortnight
    Loan $501,448 at 6.10% over 30 years

    Price estimated from comparable nearby — edit below to use your own number

    Upfront costs

    Deposit$125,362
    Stamp duty$32,679
    Conveyancing (est.)$2,000
    Total upfront$160,041
    Verify with VIC revenue office →
    Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

    Property Details

    Property Type
    rural
    Listing Type
    For Sale
    Listed
    2 months ago

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