Property Details
365 Cummings Road, Parwan VIC 3340
Description
GREAT LAND BANKING OPPORTUNITY NEXT TO PARWAN TRAIN STATION
Residential - Parwan VIC
INVEST IN A PROPERTY NEXT DOOR TO PARWAN TRAIN STATION, EMPLOYMENT PRECINCT & VERY CLOSE TO DESIGNATED RESIDENTIAL GROWTH CORRIDOR!!
Approx- 40 Acres of Farming Zone parcel with a house. This is a rare opportunity to buy a substantial parcel within minutes of Bacchus Marsh, Melton, Werribee, and all PARWAN FUTURE DEVELOPMENT AROUND.
Parwan Employment Precinct (PEP):
The PEP has the potential to be a regionally significant employment hub for agribusiness and industry. Benefits include its position away from residential uses, proximity to the Bacchus Marsh Irrigation District and access to the freeway. Parwan is suited not to a single agribusiness, but rather a range of mainly vertically integrated businesses that will drive local prosperity and employment growth. Likely occupiers include meat processing, feedlot/sale-yards, mushrooms, poultry, hydroponics and associated co-located industries. The agribusiness potential of the PEP is estimated at up to 1,200 jobs. While only indicative, these figures give a broad overview of employment capacity. Beyond PEP, no future employment investigation areas are currently identified.
The population of Bacchus Marsh is estimated to double over the next two decades to around 40,000 residents. This growth presents an opportunity to provide needed infrastructure and build the local economy, and importantly, encourage continued housing affordability. Work commenced on the Bacchus Marsh UGF in late 2014. A request was made to the Minister for Planning in 2015 to prepare an amendment to the planning scheme. Subsequently, a project brief was developed between the parties and a scope of works was signed off by the Minister for Planning.
Bacchus Marsh will be an emerging regional growth centre, providing metropolitan-edge convenience, set within a distinctive agricultural valley framed by steep escarpments and significant waterways. Bacchus Marsh will be planned as a rural city in a farming district and as the gateway to Victoria’s Central Highlands region. Bacchus Marsh will draw new residents, investors and tourists due to its liveability, comparatively affordable land, diversity of residential lot sizes, access to services and attractive landscapes.
The Bacchus Marsh Irrigation District is a food bowl for Victoria, and a range of other state-significant natural resources present opportunities for economic growth. As a rural city, Bacchus Marsh’s service role and investment in education, health, retail and local industry will be strengthened. The combination of landscape, natural resources and liveability are unique to Bacchus Marsh and will be central to managing future growth.
DO NOT MISS THE OPPORTUNITY ANYMORE!
Contact Rajiv Ranjan 0413 775 214 or Safwat Ali on 0403 035 992 to discuss further anytime.