Discover a spacious two storey multi unit house with three self contained annexes, located in the highly sought after Terrence Avenue, Mount Lavinia. This versatile property is ideal for large families, rental income, Airbnb, or anyone seeking a home with strong investment potential in a prime residential neighbourhood.
Property Layout
Ground Floor
• Large living room
• 3 bedrooms
• 2 bathrooms
• 2 kitchens, including a rear pantry with an open plan dining area
• Additional bedroom + bathroom at the back (ideal for maid’s quarters)
• Side annex with its own kitchen and bathroom
First Floor – Two Separate Annexes
Left Annex:
• Living room
• Bedroom
• Bathroom
• Kitchen
• Access to the front balcony
Right Annex:
• Living room
• Bedroom
• Bathroom
• Kitchen
• Access to the front balcony
Additional Features
• Foundation slab already completed at the back, offering potential for a future extension
• Access to the extension area via an external staircase or through the upstairs left annex kitchen
• Separate electricity meters for each first floor annex
• Separate water meter for the upstairs units
• Tile flooring throughout
• 1 parking space in front, with scope to create an additional parking space
• Wide access road (Terrence Avenue)
• Clear title / deeds
• Hot water showers
• Overhead water tank
• CCTV camera system with 6 channel wireless DVR (4K)
Location Highlights
• 80m to Galle Road
• 600m to Mount Lavinia Beach
• 100m to Cargills Food City
• 300m to Arpico Super Centre
• 800m to Dehiwala town
• Close to schools, supermarkets, restaurants, bus routes, and all essential amenities
Ideal For
• Large or extended families
• Rental income from three annexes
• Investors seeking high yield rental potential
• Airbnb / short stay accommodation
• Professionals commuting to Colombo