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Land for Sale - Colombo 03 | LKR 600,000,000

Colombo 3
20.9 perches
Rs. 600,000,000

Overview

Property Type
Bare Land
Area of land
20.9 perches
Agent Ref
L19278
Availability
Available Now
Offered for
Sale
Shape of land
Square

Property Details

Land Extent: 20.90 perches
Existing Building Area: Approximately 5,400 sq. ft.
Access: 12-foot-wide private road
Versatile property with potential for owner occupation, business use, or future redevelopment, subject to planning regulations

A Prime property with versatile potential, this substantial 20.90-perch property presents an opportunity for residential buyers, investors, and business owners seeking a strategically positioned real estate asset in an established urban setting. The existing residential structure of approximately 5,400 sq. ft. comprises three bedrooms and two bathrooms, providing accommodation that may be utilised as a residence or considered for adaptation to suit professional or commercial requirements, subject to the property's condition and relevant approvals. With its established access via a 12-foot-wide private road, the property offers flexibility for buyers exploring a range of potential uses.

Unlock the potential of a versatile real estate asset, conveniently positioned within reach of prominent destinations such as Cinnamon Grand Colombo, Crescat Boulevard, and Galle Face Green, the property benefits from proximity to established hospitality, retail, leisure, and business amenities. This surrounding environment adds to its appeal for both residential living and business-related purposes. Offered at LKR 600 million, this is an opportunity to acquire a substantial landholding with an existing structure and explore its potential for long-term investment, residential occupation, or future development, subject to applicable zoning, planning, and regulatory approvals.

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Property prices in Colombo 3

Average Sale Price is Rs. 19,697,350 Per Perch.
0.7% Price increased compared to last year

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Platinum Agent
Agent
Agent
Number
Jannique
0765666534

This advertiser has been advertising with us for 2 years

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Important information : This ad has been posted on LankaPropertyWeb.com by the above mentioned advertiser. LankaPropertyWeb.com does not have any connection with this advertiser, nor do we vet the advertisers, guarantee their services, responsible for the accuracy of the ad's content or are responsible for services provided by the advertisers. LankaPropertyWeb.com does not provide any service other than list the advertisements posted by advertisers. You will be contacting the advertiser (owner/agent) of this property directly. We advise you to take precaution when making any payments or signing any agreements and be alert of any possible scams. If making any payments we recommend that you have two permanent & verified methods of contact of the payment receiver such as their landline number and home/business address.

Posted/Edited: 5 days ago REPORT THIS AD

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