25 Furze Road, Officer VIC 3809

Vacant block, 504sqm | Bushfire overlay | School zone edge | Rental yield potential This parcel on Furze Road offers a rare entry point into a growth corridor at a price below its estimated replacement value. The 504-square-metre configuration is large enough for a family home with a backyard, yet small enough to keep land tax and maintenance low. Its zoning for Kurrun Primary and Officer Secondary College gives it a structural advantage for resale to families, who dominate demand here. The estimated weekly rental of $605 suggests strong underlying tenant appetite, making this suitable for a build-and-hold strategy or a staged development play. The bushfire overlay is the primary risk, imposing higher construction standards and potentially limiting design flexibility, which adds 10–15% to build costs. The lack of sales history means no local price anchor, so the buyer must rely on the estimated $841,000 value as a negotiating floor. However, the gap between the $627,000 list price and that estimate creates a clear arbitrage opportunity for a buyer who can secure finance and manage the overlay requirements. Hold this land for 18–24 months post-construction, then sell or rent into the school-driven demand cycle.