Property Details
Property Type
Land
Bedrooms
Bathrooms
Car
Study
0
Floor Area
Site Area
323800sqm
Property Description
Rare Development Opportunity | 80-Acre Strategic Land in Parwan Employment Zone Core
Property Address: 89 Jensz Rd, Parwan VIC 3340
Property Status: Land
Property Description:
This 80-acre (32.38-hectare) contiguous land parcel is currently used for mixed farming but is primed for industrial transformation (under PSP planning).
Development Progress:
Government Endorsement: The Parwan Employment Zone has been prioritized in the Victorian Planning Authority's (VPA) 2024-25 Business Plan, with development set to recommence in early 2025.
Regional Role: A key part of the Bacchus Marsh Growth Framework, future plans include 20,000 jobs, positioning it as an agricultural and industrial hub.
Development Potential:
Agricultural & industrial use (part of the 2,480-hectare employment zone)
Potential infrastructure upgrades (transport/utilities)
Regional Highlights:
Population Growth: Bacchus Marsh projected to reach 50,000 residents.
Economic Shift: 1,500+ agricultural jobs to drive industrial diversification.
Infrastructure Investment: New train station, road upgrades, and public services.
Transport Links:
47 mins to Melbourne CBD | 45 mins to airport
5 mins to Bacchus Marsh Station | Future Parwan Station proximity
Eastern Link Road upgrade imminent
Amenities:
7-minute drive to Bacchus Marsh town center (retail/commercial/education facilities).
Land Details:
Lot ID: Lot 5 LP090983 | SPI: 5/LP090983
Council: Moorabool Shire (Property No.: 499200)
Current Use: Mixed farming (convertible to industrial/comprehensive development)
Price: $12,000,000