27 Singleton Drive, Cobar NSW 2835

78.9ha freehold R5 zoned | final stage Cobar’s largest allotment | sealed road & town water | subdivision potential ~38 x 2ha lots The buying case rests on the scarcity of a 78.9ha freehold parcel zoned R5 within 6km of a regional centre. This is not raw grazing land; it is a titled residential zone with sealed frontage, town water, and a dam — features that reduce your initial holding costs and give immediate utility. The potential to subdivide into roughly 38 two-hectare lots, subject to council, is the structural edge here. For a buyer with patience and local knowledge, this property offers a rare combination of lifestyle scale and future development optionality. It suits either a rural residential builder seeking a single elevated site or a land banker positioning for Cobar’s long-term growth. The risks are not in the land itself — no flood, bushfire, or heritage overlays — but in the timeline. Subdivision approval is not guaranteed and will require council engagement, engineering, and likely a contribution to infrastructure. The 1.8m airport exclusion fence is a fixed constraint, and the adjoining Western Lands Lease is not part of the freehold. These factors compress the buyer pool to those who can hold without immediate income. The opportunity is to acquire at a price that reflects raw land, then add value through a single dwelling or staged subdivision. Hold it as a long-term rural residential land bank, or build one home and sell the balance.