Property for investment or apartment project

45 perches Fifth Lane, Colombo 5
Rs. 3,000,000 Per Perch [ View in other currencies ]
Property Type: Bare Land
Offered for: Sale
Area of land: 45 perches
Availability: Available now

Property details

A 45 perch bare-land in Colombo 5 ideal for apartment project or investment. The property is located on 5th Lane off D M Colambage Mawatha, and also accessible from Poorwarama Road. Currently, the 5th Lane is a 30 feet wide road, but will soon be widened to 40 feet (the property is facing the 5th lane). There is also a huge apartment project happening on this road, in addition to other developments to take place soon on Poorwarama Road side, thus there will be an enormous change in this area soon. This property may be one of the best investment properties available in the market currently, as quick appreciation is a certainty. There is an option of purchasing up to 60 perches.
This land is offered at the bargain price of Rs 3 million pp.

Property features

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Posted/edited: 197 days ago


Fifth Lane, Colombo 5    [View on large map]


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