35 Rainbow Rd, Towers Hill is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1985. The property has a land size of 1088m2 and floor size of 126m2. While the property is not currently for sale or for rent, it was last sold in January 2015.
ROCK SOLID INVESTMENT - FREE STANDING UNITS
Solid and sound investment, with both units being rented for $240 p/w each, so investment with $480p/w returns is a very good start to the investment world. As these are 2 free standing lowset units with their own space they are very attractive to tenants, and also on the edge of town in a nice quiet area. As both units are fully air-conditioned with 2 bedrooms each, both with built in's, they really are very comfortable. The units are open style living with kitchen/dining/lounge and fully tiled. Each unit has a carport off the side, and one of the units has been freshly painted and has had updates. Features: * 2 lowset free standing units * Bedrooms: 2 bedrooms with built in's and box air-conditioners. * Kitchen/lounge/Dining: Open style living with box air-conditioner and fully tiled. * Bathrooms: Shower, vanity and toilet * Internal laundry * 1 Car carport * 1,088m2 block (0.26 Acres) These units are very neat and tidy and quite sort after. This really is a fabulous opportunity so don't hesitate.
The size of Towers Hill is approximately 2.2 square kilometres. It has 3 parks covering nearly 25.7% of total area. The population of Towers Hill in 2011 was 227 people. By 2016 the population was 188 showing a population decline of 17.2% in the area during that time. The predominant age group in Towers Hill is 60-69 years. Households in Towers Hill are primarily childless couples and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Towers Hill work in a machinery operators and drivers occupation. In 2011, 64.2% of the homes in Towers Hill were owner-occupied compared with 62.3% in 2016.
Towers Hill has 140 properties.
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