429 Parwan South Road, Parwan, Vic 3340

Land/Development
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Published on: 14 Aug 2026
Last updated on: 01 Sep 2026
429 Parwan South Road, Parwan, Vic 3340
429 Parwan South Road, Parwan, Vic 3340
429 Parwan South Road, Parwan, Vic 3340
+13
429 Parwan South Road, Parwan, Vic 3340
  • 13
Property ID: 505208580
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Key property information

Land Size
1,164,500.00 m2
Zoning
Comprehensive Development Zone — Schedule 1.
Floor Area
235.00 m2
Tenure Type
tenanted

PARWAN PADDOCKS: 116.45 HA* OF LAND, INCOME, AND FUTURE-USE UPSIDE.

429 Parwan South Road, Parwan, Vic 3340
For sale via Expressions of Interest closing Thursday 8th October 2026 at 3pm.

POINT OF INTEREST:

Most large-format holdings are judged on what they could become; this one makes a compelling case for what it already is. Across 116.45 ha* of strategically positioned western land, 429 Parwan South Road combines an established motocross operation, three income-producing tenants and long-range optionality in a locality moving from paddock logic to precinct thinking.

Lot 1 spans 68.44 ha*, while Lot A adds 48.01 ha*. The property is improved by multiple groomed tracks, Mini Moto World, on-site parking, canteen facilities and supporting track infrastructure.

The asset currently returns $268,231.00 per annum in net income*, with Dirt Industries Pty Ltd / Ride Park contributing $164,231 per annum* under a renewed four-year lease term with no further options. Land Improvements Group Australia Pty Ltd contributes a further $84,000 per annum*, while Optus Mobile Pty Limited contributes $20,000 per annum + GST under a 20-year telecommunications lease commencing 4 March 2026.

The property is zoned Comprehensive Development Zone — Schedule 1 and benefits from specialised and extremely rare planning controls supporting a motorsport complex. These controls support the existing use while also providing scope for future repositioning, land banking or development upside, subject to council approval.

Positioned within one of Moorabool’s key future planning areas, this is a landholding that earns, operates and keeps one eye firmly on what comes next.

- 116.45 ha* total landholding.
- Lot 1: 68.44 ha*.
- Lot A: 48.01 ha*.
- Comprehensive Development Zone — Schedule 1.
- Rare planning controls supporting a motorsport complex.
- $268,231.00 per annum* in current net income.
- Land Improvements Group Australia Pty Ltd lease expires April 2027.
- Dirt Industries Pty Ltd / Ride Park lease commenced May 2026 for four years.
- Optus Mobile Pty Limited has a 20-year telecommunications lease commencing 4 March 2026.
- Future repositioning, land banking or development upside, subject to council approval.
- Valuable on-site bore with supporting works license documentation available.
- 6.25 km* to the Western Freeway.
- 7.8 km* to central Bacchus Marsh.
- Business as usual.

POINT OF VIEW:

Paddock to plate? Not quite. This is paddock to portfolio — 116.45 ha* of land, established income and a Parwan pin drop already doing laps around the usual land-bank story.

*Approx.
Pricing excludes GST.

Property Details

Basic Info

Property Type
Land/DevelopmentOther
Listing Status
On Market
Land Size
1,164,500.00 m2
Address
429 Parwan South Road, Parwan, Vic 3340

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Daniel Philip
Daniel Philip
18-20 Russell Street, Melbourne, Vic 3000
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Daniel Philip
Daniel Philip
18-20 Russell Street, Melbourne, Vic 3000
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      Property ID: 505208580

      Original Property ID: 505208580
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