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🏛️ **rare Art Deco Property In Galle – Prime Urban Investment Opportunity- Sale Or Lease

Wakwella Road, Galle
7
3
7000 sq.ft.
62 perches

Overview

Property Type
House
Bedrooms
7
Bathrooms/WCs
3
Floor area
7000 sq.ft.
No. of floors
1
Area of land
62 perches
Availability
Available Now
Car parking spaces
10
Furnishing Status
Semi-furnished
Age of Building
25+ years
Approach road width
20 ft.

Property Details

🏛️ **rare Art Deco Property In Galle – Prime Urban Investment Opportunity**



a Rare Opportunity To Acquire A **7,000+ Sq.ft. Art Deco Residence In Galle**, Located Just Off Wakwella Road, Within The Second Block From The Main Road And In A Highly Established Urban Neighbourhood.

the Property Is Situated Close To **sanghamitta Balika Vidyalaya**, A Long-established Leading Girls' School On Wakwella Road.

📍 **less Than 2 Km From Galle City Centre And The Historic Galle Fort**

### 💎 Key Property Features

🏛️ **7,000+ Sq.ft. Art Deco House**
📍 Prime Location Off Wakwella Road, Galle
🏫 Close To A Leading Girls' School
🚗 Easy Access To Galle City
🏰 Close To The Historic Galle Fort
🏙️ Established Urban Neighbourhood
💼 Suitable For Commercial, Institutional Or Residential Conversion

### 📈 A Property With Multiple Investment Options

the Property's Generous Floor Area And Central Galle Location Create Potential For Several Alternative Uses, Subject To The Relevant Approvals And Suitability Of The Existing Structure.

potential Concepts Include:

🎓 **english / Educational Institute**
👩‍⚕️ **nursing Or Elder-care Home**
🏡 **premium Residential Bungalow**
🏢 **corporate / Professional Office**
🏠 **boutique Guest Accommodation**
🎨 **creative / Wellness Centre**
🏫 **training Or Learning Centre**

### 💡 Why An Investor Should Look At This Property

rather Than Purchasing A Conventional Residential Property, An Investor Has The Opportunity To **repurpose A Substantial Existing Building For An Income-generating Use**.

its Location Close To Schools Provides Potential Relevance For Education And Training-related Uses, While Its Proximity To Central Galle And The Historic Fort Creates Additional Potential For Hospitality, Professional And Lifestyle-oriented Concepts.

the Property Can Therefore Be Viewed As An **adaptive-reuse Opportunity**, Where The Existing Building May Form The Foundation For A New Commercial Or Income-producing Project.

### 💰 Investment Position

**asking Price: Rs. 390 Million**

the Final Investment Return Would Depend On The Selected Business Model, Renovation/conversion Cost, Required Approvals, Achievable Rental Or Operating Income And Financing Structure.

for An Investor Seeking A **large, Centrally Located Galle Property With Multiple Potential Exit And Income Strategies**, This Is An Opportunity Worth Serious Consideration.

📩 **private Viewings And Further Property Information Available Through Noble Homes Galle.**

**noble Homes Galle**
*strategic Real Estate & Investment Advisory*

Property Features

24 HOUR SECURITY
MAINLINE WATER
COLONIAL ARCHITECTURE
GARAGE
LAWN GARDEN
ATTACHED TOILETS
MAID'S ROOM
MAID'S TOILET
OVERHEAD WATER STORAGE

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Contact Advertiser

Noble Homes Galle Agent
Tilak Gallage : 94-778354380
Tilak Gallage : 94-776054380

This advertiser has been advertising with us for 9 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.

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