27 Furze Road, Officer VIC 3809

vacant block | Officer corridor | 591sqm | active development pocket This parcel sits in a corridor where land supply is tightening and new housing demand remains consistent, giving it a structural advantage over infill lots in established suburbs. The 591sqm size is rare in new estates—most comparables sit below 400sqm—which positions it for a broader buyer pool, including those seeking a larger single-storey home or a dual-living configuration. School zoning for Kurrun Primary and Officer Secondary College strengthens its appeal to young families, and 5G coverage adds a practical edge for remote workers. This property suits a buyer who wants to build within 18 months and capture equity from rising land values in a growth corridor. The bushfire overlay adds compliance cost and may limit some design options, though it is common in this part of Cardinia and unlikely to deter informed buyers. The $649,000 list price sits well below the estimated $896,000 market value, which suggests either a motivated vendor or a pricing strategy to drive competition—both can work in a buyer’s favour if due diligence confirms no hidden title issues. Rental yield of $595 per week supports a hold-and-build strategy if construction is delayed. Buy to build within two years, or hold as a land bank for capital gain in a supply-constrained corridor.