206 Cobra Street, Dubbo NSW 2830

3 beds | 1 bath | 710sqm block | tenanted until July 2026 | immediate income The property’s competitive strength is its sizeable block in an established Dubbo street, combined with an existing long-term lease providing immediate, predictable rental income. For a buyer seeking a low-management investment with medium-term capital exposure, the tenancy in place through July 2026 removes vacancy risk and ensures cash flow from settlement. The three bedrooms with ceiling fans and built-in wardrobe in the main add functional appeal for the tenant profile. The primary risk is the single bathroom and dated condition, which may limit future rental growth without renovation. The current yield of 3.4–3.6% is modest but acceptable for a house on a 710sqm block where land value supports appreciation. The lease locks in income but defers any owner-occupier redevelopment plans. This property suits a passive investor holding for stable yield and land bank, not a flipper or renovator. Hold for medium-term land value growth.