Location: Madiwela Road, Nugegoda

Land Extent: 73.8 Perches

Expected Price: LKR 3.5 Million per Perch
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Property Overview

• Property Type: Bare Land for Development
• Land Extent: 73.8 Perches
• Location: Main Road Frontage, Madiwela Road, Nugegoda
• Planning Clearance: Preliminary Planning Clearance (PPC) for 66 Units
• Proposed Development: Ground + 9 Floors (G + 9)
• Apartment Mix: 2-Bedroom and 3-Bedroom Units
• Project Planning: Initial planning completed, with drawings available
• Reference No: LDS00323
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Property Features

Prime development land with direct frontage along Madiwela Road
• Preliminary Planning Clearance for a proposed 66-unit residential development
• Proposed Ground + 9-storey apartment complex
• Planned mix of 2-bedroom and 3-bedroom apartments
• Initial project planning and drawings already completed
• Main-road access
• Surface drain and culvert indicated along the road frontage
• Existing site features and structures identified in the site annotations, including permanent buildings, walls, a gate and a water closet
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Development Highlights

• Opportunity to take forward an initially planned residential project
• Preliminary planning work and drawings available for review
• Suitable for a multi-unit apartment development
• Prominent main-road frontage in an established Nugegoda location
• Potential for developers seeking a residential project site
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Location Advantages

• Located along Madiwela Road, Nugegoda
• Direct access from a main road
• Situated in an established residential and urban area
• Convenient access to Nugegoda and surrounding neighbourhoods
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Ideal For

• Property developers
• Apartment development companies
• Real estate investors
• Joint-venture development projects
• Investors seeking land with preliminary development planning in place
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Ref No: LDS00323

Contact Us:

An excellent opportunity to acquire 73.8 perches of prime development land on Madiwela Road, Nugegoda. With Preliminary Planning Clearance for a proposed 66-unit apartment development and initial project drawings available, this property offers developers a valuable starting point for a residential project in a well-connected location.