365 Cummings Road, Parwan

Prime Land Banking Opportunity Next to Parwan Train Station!

365 Cummings Road, Parwan

  • Price: Contact for price
  • Property Type:OTHER
  • Location:PARWAN
  • Bedrooms:4
  • Bathrooms:2
  • Car Spaces:2
  • Area:16.19 Hectares

Prime Land Banking Opportunity Next to Parwan Train Station!

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.

under going draft stage now with soon to be changed within 2-3 years or so for commercial usage
Agriculture and industrial mixed commercial

Town water also connected to this property and that is unique feature of this land for future development.

No Airport Overlay.

Concept Plan Available.

Please Check the links below for further information about PSP which is expected 2026.

https://vpa.vic.gov.au/project/parwan-employment-precinct/

https://www.moorabool.vic.gov.au/News/Council-adopts-Community-Vision-2030-Council-Plan-21-25-Budget-2021-22

https://www.premier.vic.gov.au/bacchus-marsh-employment-precinct-powers-ahead

https://vpa-web.s3.amazonaws.com/wp-content/uploads/2023/12/Victorian-Planning-Authority-Business_Plan-2023-2024.pdf

I would like to share some latest news,up to date on the significant announcements made by government this week and what they mean for the VPA.

https://vpa.vic.gov.au/ceo-update-october-2024/

https://vpa.vic.gov.au/activitycentres/

https://vpa.vic.gov.au/about/business-plan/

CURRENTLY THERE IS A 4 BEDOOMS LIVABLE HOUSE AND SHEDS.


DO NOT MISS THE OPPORTUNITY ANYMORE, CALL SAFWAT ALI to discuss further anytime on

DISCLAIMER: All stated dimensions are approximate only. Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent

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