Own a wonderful hotel in Nuwara Eliya, Magasthota (2 kilometers from the city), at Glen Field Estate, which The Finance Company auctioned with clear documents. The site consists of 25 perch on a high land enclosed by a green wire mesh fence, with 20-foot-wide carpeted roadways. The view of Gregory Lake and the surrounding area is magnificent. The present condition is that the three-story building's ground floor offers four bedrooms with attached baths and all amenities. According to the approved plan by MC, UDA, and other relevant authorities, the total number of bedrooms for the entire building is 14 with attached bathrooms of which already 4 are built with a total number of 800 sqft. The building is designed for half of the plot of land and the other half is reserved for a Garden. Rooms for the 1st floor and 2nd floor are to be built. For the rest of the work, we can provide a well-reputed contractor with a highly professional construction team and a caretaker if required. Estimated selling price is Rs. 120 Million. Negotiable.
This property is situated within walking distance of Gregory Lake. This area is highly popularized for Tourist hotels, guest houses, and cottages. Police stations, divisional secretariat, municipal council, bus stand, banks, post office, hospitals, courts, places of religious worship, recreation and entertainment, and other basic facilities and services are available within a radius of 2 km of the property. Within a 5-kilometer radius of the property are police stations, divisional secretariats, municipal councils, bus stops, banks, post offices, hospitals, courts, places of religious worship, recreation, and entertainment. The region has electricity, pipe-borne water, telephone, street light, and scavenging services, among other things. The Nuwara Eliya-Badulla and Nuwara Eliya-Hatton-Colombo roads provide reliable transportation.